This is not idiots and ordinals. This is a coordinated attack. And L2 dont mean shit if people cant afford to open a channel. Like I said I dont know the resolution, but this is not going away. The money masters have unlimited fiat to keep paying top dollar for jpeg and dust. Its stopping most from any tx and the high fees will turn of newbs. Its using btc against itself
Discussion
If they keep paying for jpeg and dust it drives the bitcoin price up as well, eventually.
I think Ocean has the right attitude. A uniform block consist helps the attack. Miners that are customer focused and want to see more transactions and less jpeg is part of the solution.
there is nothing wrong with discrimination against nonsense, at least some of the time, it lets the backlog of actual transactions clear.
You are saying this from an organic ordinal perspective. The money masters who are clearly running this have unlimited funding to keep fees out of reach.
the fees are limited by the market cap of bitcoin. at any given moment there is a finite amount of fiat even if it is continuously increasing. bitcoin's price tends to track, eventually, the increase in the supply of fiat, thus it is a hedge against money printing, and a store of value.
any attack they mount has a limited lifespan that only holds until the next adjustment that brings bitcoin's price to or above the corresponding change in fiat supply. at that point, their attack becomes uneconomic, and they stop.
that's the reason why it's not nonstop.
if they focused on keeping it high they would inevitably also raise the price of bitcoin, and that then counters their continuance. The more they try, the worse they make it for themselves, and everyone who isn't transfering their bitcoin around is grinning.
Cope harder. Nobody is paying 1000s for jpegs for weeks kn end
The fiat money masters have unlimited funding.