Replying to Avatar jb55

To me attack is interesting because it’s the extreme example of inscriptions: they are spending an insane amount on fees to outbid standard transactions. If they found a sustainable way to do this, bitcoin would become useless as a way to transfer value. Although it seems at this rate they are more likely to go broke.

https://x.com/lopp/status/1741899399284846627

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Louferlou 2y ago

Honestly, the crazies inscribers were spending 7btc/block to clog the chain, and still it was perfectly usable if you were prepared, meaning already onboarded on LN or rich enough lol

7 BTC / block is 300000000 millions usd /day, even for a state it’s not cheap to spend 1 Billion every 3 days, for something as meaningless as Bitcoin (for them).

The most (rightfully) frightened politician right now, is the awful Warren and she doesn’t grasp the basis of Bitcoin yet.

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