There are no solutions, only tradeoffs.
Code solutions often come with unintended consequences.
Discussion
But we need to add more code to fix the unintended consequences of our last improvement.
It's just a bug fix.
🤔😅
Yeah. The tradeoffs is a grander phrase I've borrowed from Thomas Sowell. Evergreen in multiple disciplines.
But bug fix is a good characterization. 🤝
-Reasons why many of us drag our feet on new BIPs.
-Reasons to make sure our fix isn't worse than the problem.
I'm fine with technical if we take our time, and address the correct problem. (BRC-20, not jpegs. Though I have no love for the jpegs either.)
I kinda think the BRC20 stuff will go away pretty quickly too man.
I think bitcoin is a bees dick away from a run up to $80k.
These guys think in fiat terms & that'd equate to a doubling of fees just to move their shitcoins.
Using Bitcoin for tokens is more retarded than the shitcoins themselves.
High fees fixes high fees.
I hope you're right.🤞
Not sure the BRCs need Bitcoin once they've been spun up.
If they "Premine" the full supply and sell them to greater fools on the secondary market.
I haven't looked into them in great detail but they're definitely incentivised to minimise their onchain footprint.
This was a problem faced by eth/ERC20 as it's value increased in fiat terms. It's value was determined by it's utility and it's utility is hampered by it's value. Their incentives are all messed up.
I trust Bitcoin's incentive structure.
Ethereum has had quite the identity crisis over the years. 🍿