Bitcoin is permissionless.

There are going to be lots of people using it in ways you hate.

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Permissionlessness is why we have to be vigilant about closing off new attack vectors.

You push an update (Taproot) to critical software (Bitcoin). You discover later that that update opened a new attack vector. You don't fucking say "oh well, we shouldn't fix this." ๐Ÿคท

I suppose we disagree on this as an attack vector. If a bunch of degens trading shitcoins can kill Bitcoin, then it was doomed anyway.

Ordinals are valid Bitcoin transactions whether you hate them or not.

Your transactions are valid Bitcoin transactions whether the ordinals crew hates them or not.

No permission needed.

Also, Ordinals were possible pre-Taproot. They're just cheaper post-Taproot.

And bigger. That's the problem.

Why is that a problem?

Exactly! That's why they have to go. And we will need to aggressively restrict use of block space until the damage is healed..๐Ÿ˜ ๐Ÿฆ

Bitcoin is not a free for all. It is a system of rules that are purpose born. When somebody finds a way to exploit a loophole in those rules in a manner that does not respect the purpose of Bitcoin, that loophole must be closed to ensure that the system can still serve it's purpose. When a dude found a vulnerability that enabled him to mint 184 million Bitcoin, the developers fixed it, and nobody was screaming "muh free market!" over them fixing the code.

Was this an actual thing, and if so, was this 2015 or earlier?

Happened in August 2010

What is the side effect of this supposed loop hole?

Is it damaging the system?

No there won't be. If it's bad for #Bitcoin it's bad, and it has to go.

Everyone's had their chance now to #fuckup with Bitcoin.

Now it's time for them to move on. While we repair the damage.

"A wise man learns. But a fool never does"..๐Ÿคก๐Ÿ˜ ๐Ÿฆ

๐Ÿ˜‚ I'm glad you're not the dictator of Bitcoin.

The entire point is no one can stop you from using it. And that means you can't stop others either.

It's beautiful.

I can absolutely stop you from abusing #Bitcoin or damaging it. As can everyone else that's a LOYAL! Bitcoin supporter..๐Ÿคก๐Ÿ†โš–๏ธ๐Ÿ‘ฎโ€โ™‚๏ธ๐Ÿ—ก๏ธ๐Ÿ’ฃ๐Ÿ‘จโ€๐Ÿ’ป๐Ÿ˜ ๐Ÿฆ๐Ÿงก

How?