Except it hasn’t scaled on other layers yet.

Thats not what is driving this demand for mempool space. It isn’t the much desired monetary adoption driving this.

This is a use case fork.

Bitcoins utility as a currency is weakened by its new dual use case. L1 is now dominated by ordinals.

If miners can make legal windfalls from selling shovels in ponzi’s, guess where they will steer the protocol.

Reply to this note

Please Login to reply.

Discussion

Good thing miners don’t control bitcoin. 2017 called - it wants its FUD back.