Someone else put it well: „Instead, we're letting arbitrary data compete with money on the base layer. For Medium-of-Exchange you need predictable fees. Underpriced junk data is a Denial-of-Service subsidy.
I was excited about these changes that improve Bitcoin as money, but then I started digging into what Bitcoin Core has been up to and at this point, I'm like "Just stop changing things. You're making everything worse."
We can’t hide it. It could be the end of Bitcoin unless we fix it.
Mate, I'll stop here.. my note is about price and market analysis.
You want to drive this to pther topics, and I am not here for that.. PV.
I thought my comments were relevant to your discussion since I think it’s a huge driver in your market analyst. Heck, OGs are fleeing in droves. Why would they do it?
Fiat price is a proxy for adoption. Adoption is all about sentiment, because it’s actually still a free market, that’s good. Bitcoin had two things that made it different. Scarcity and immutability. Without the latter you have nothing. Sentiment in the toilet, fiat price in the toilet. I don’t like it either. But needs to be fixed.
