Unfortunately it's happened again. The #miners are using #inscriptions to #artificially inflate #fees. Filling the #blockchain with gigabytes of #spam and #junk. In an all-out attack on #Bitcoin.
#Raping the owners, users and supporters of Bitcoin. In a mad dash to drive Bitcoin into the ground. In a classic #Wall #Street move to #embrace #extend and #extinguish lol. It's all an inside job..⚖️👮♂️💀😆🤭🧡👑🗽
I’m not sure that miners are artificially inflating the costs. They would not have waited for inscriptions to do so, especially since even if this were the case they would take the risk of seeing the transactions they paid for be mined by another pool.
I think the #miners are just players in a grand scam that goes like this.
One group floods the #mempool with #inscriptions #spam. This raises the #transaction #fees, resulting in more #Bitcoins to sell to your benefactor.
The #artificially increased supply of Bitcoins lowers the cost for your benefactor. While allowing them to try and corner the market.
You aggregate your thousands and hundreds of thousands of individual #original spam transactions into a single account\wallet. Which again pushes up fees.
Then you take your aggregated #ordinals spam transactions and give them back to your financier. This is in fact exactly what happened a few weeks ago..💀⚖️👮♂️
