Can you explain how to differentiate a hash or public key from arbitrary data?

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you dont have to, there isn't many financially viable ways to store blob data on bitcoin.

cost doesn't deter art NFT enthusiasts and it never did. the higher cost can actually make it more enticing

idk you are talking based on what. inscriptions become popular because they cost less. and they are possible because core removed script size limit policy on witness for tapscripts. ignoring all the warnings.

inscription txs cost less than a dolar.

also even without the history its really simple to understand: cost always gonna make it less.

there are not many places you can sneak data into a tx.

nobody is gonna create thousands of txs just for an image constantly.

i understand that's the counter argument

realistically how can the new soft fork proposal can be used to censor monetary transactions?