"Bitcoin: Yet Another SPAM attack"
Subhead 1: "Why I will never, ever be on board for Inscriptions and Ordinals"
Subhead 2: "Pro Filter"
Protect the Bitcoin Timechain from GIGO/SPAM
Outside of Bitcoin, it is all about the data for Technical Analysis, Data Scientists, Mathematicians but what is happening behind the scenes to get you the result sets? The data is so massive on the queries where you only see the output/result sets.
SPAM/JUNK/Garbage inside companies databases is a huge issue. Sometimes, because there was no foresight, the databases are crammed with Garbage. The industry knows it as GIGO - "Garbage In, Garbage Out", it was one of the worst parts of my job. Why? The Business (aka The Freds) demand Perfection and GIPO (Garbage In, Perfection Out) is impossible.
I tried and tried to tell the higher ups to add in 'edits' or 'filters' or anything to help. No one listened and we had to code around it, millions of lines of codes so the result sets were as good as we could get. Of course The Freds would say we are idiots as they spun up some stupid Pivot Table showing us what we already knew. Never helping us stop the three-headed fish at Lake Itasca and complaining where the Mississippi emptied into the Gulf of Mexico. CEOs/CIOs never listened no ROI, just live with with the noise.
With Bitcoin, we do not need to follow what FIAT has allowed in every aspect of our lives...we just need consensus.
SPAM EMAIL
Some of you don't remember the early days of email, it was awful, how much of your email was SPAM. But guess what, it still is a terrible amount but there are thankfully filters/edits in place.
"The percentage of total email traffic that is identified as spam, has consistently decreased (from 56.63% in 2017 to 48.63% in 2022)." - emailtooltester.com
Incentive: Spammers worldwide take in $200 Million a year
SPAM MAIL
"Direct mail marketing is a $10 billion industry in the US. 33% of all mail delivered worldwide is junk mail.Dec 15, 2023." - Healtheplanet.com
SPAM PHONE CALLS
Most of you don't remember landlines, before caller ID, during dinner, spam calls. We'd sometimes answer, Dad swearing. It wasn't good. Today, at least there are filters out there you setup to protect your peace of mind or time or have been pre-filtered to your pain point thresholds.
Today: Nearly 25% of all phone calls are spam or fraud.
"Fraudulent Robocalls to Cost Mobile Subscribers a Record $58 Billion Globally" - JuniperResearch.com
(See graph)
SPAM BITCOIN
Incentive: Make money off Garbage in Bitcoin
Any of you who support Ordinals or Inscriptions are supporting garbage into the data, junk, spam. At the end of the day, Bitcoin is a not so wide (columns) and not so long (rows) of data. Think Excel spreadsheet.
A Result set. It matters because this data has to propagate all over the world for Bitcoin nodes to verify, to run the Lightning Network etc. It's annoying and it needs to be ULTRA filtered out at all costs and let these SPAMMERS go back onto other blockchains where they failed. Bitcoin has never been and wasn't built to be cool or fun.
Go be cool on ADA and ETH, I heard that is where all the cool cats and frogs hang out?
People who support Spam on Bitcoin are the lowest of the low, just like the spammer/scammers on email, snail mail, and phone calls.
Bitcoin needs to do it right since FIAT world never was able to get it right. Further, Satoshi started out by going after email SPAM and it turned into Bitcoin. Let's prove Satoshi right (forced hand) by his vision of people will not (be able to) spend 1000 Sats for 1 Sat of space, as they are doing today. Today these guys are well funded by many bad actors who publicly are trying to break Bitcoin. We can shut them down, being true to Bitcoin being an open sourced Financial system and stopping attacks (aka SPAM) on Bitcoin can't be labeled as 'censorship.'
Incentive: There is money being made, by miners too but it isn't worth it for the Bitcoin Timechain Publci Open Sourced Ledger. Listen to Mechanic/Ocean.
A sucker is born every minute, there are people who think they JPG is invaluable for its permanent place in the Bitcoin Timechain. It's isn't and let's work together to simply filter out the noise from the signal. Anyone ever hear that one?
PRO FILTERS, OP_Return, smaller blocksize? Ocean, whatever it takes.
