it is not a problem - everyone that uses bitcoin has to pay fees based on market demand - bitcoin is working as designed
Discussion
From the perspective of regular users, inscriptions are merely inefficient transactions. Inscription TXs use more bytes than are strictly necessary for the sats transferred.
But efficiency is, to a degree, subjective. Single-sig is more efficient than multisig in terms of bytes, but multisig offers other (subjective) benefits to the user.
Likewise, inscriptions offer subjective benefits to those who desire them. It so happens that this particular subjective benefit is a fad which ought to die out in at most a few months (if history is any indicator).
Someone understands subjective value!
Yes we can not stop it, nor should we. But are you as exited about a future with a bitcoin blockhains full of rich people's jpegs as opposed to a future with a blockchain full off developing world people's channel open and close transactions?
To me it higligt that bitcoins utility is threatened by global inequality.
In Fiat world the rich could do that infinite. Here in bitcoin they get poorer by spending.
So there will be an end to this. Also you have the opportunity to take some free sats by mining.
Btc is the smart Game.
If you mentally decouple bitcoin from "money" and instead think of it like "truth"... Then inscriptions don't really seem that bad, I'd even say they're a good thing, an indelible lesson on this immutable historical record.
"Mentally decouple" from the original purpose of bitcoin (think white paper)?
I hope this is resolved one way or another or the people bitcoin is meant to save will suffer (poor, middle class, developing nations etc...) and much work, that has already been done, could be for nought.
I view this as a poison/sickness in the system. A perversion, so to speak. At current transaction fees (because of ordinals and subsequently BRCs) it's already too expensive for many use cases and even getting btc on and off the LN will be an issue moving forward. A street vendor in Guatemala (for example) is not going to use bitcoin if the cost of the transaction is more than the cost of what they are selling.
Even Satoshi recognized this problem way back when bitDNS tried to incorporate Domain Name services into Bitcoin
"Piling every proof-of-work quorum system in the world into one dataset doesn’t scale” ~ Satoshi Nakamoto, 2010
I think you are right that bitcoin should be for money. But not because it was the original intent, fuck Satoshi, kill your heroes, it should be money because i belive that is where it will do the biggest positive impact on the world.
I thought bitcoin was designed to be used as money not a jpeg repository. It’s okay to point out the chain is being spammed by participants that are not using bitcoin as money.