Transaction fees go up. Miner revenue goes up. More hash rate comes online. Blocks mined faster. Fees come down. If the cost to continue funding the high fees is not economically sustainable for whoever is paying them, then they will eventually run out of money. The real question is, do you think shitcoins and JPEGs are economically sustainable?
Discussion
Also appears to be intentional spam, with 0 potential for reward, from an old way of doing msig. Jimmy Song posted about it.
No sustainability whatsoever lol
David Bailey and nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu do 🤷
Shitcoiners will be shitcoiners. 😂
Nah, he’s just in it for the money *he* can make.. made that clear on a space yesterday, said he tells all the investors he talks to that it’s the greatest, most profitable casino ever.
When I asked what his own personal goal and mission is, he said: “Hyperbitcoinization”.
While anyone can do as they please with their money, don’t be out there saying your ‘mission’ is hyperbitcoinization and then leveraging your influence and money to attack it
Here’s some of the garbage he invests in.. UTXO Management is the investment arm of BTC Inc, who runs Bitcoin Magazine and Bitcoin Miami/Nashville/Amsterdam
Sadly, Dylan LeClair recently joined their team :/ 
👏🙌👁️
Adding more hash will not mine blocks faster. It will just waste more energy. Fuck these ordinals faggots
The system is self correcting on a long-ish time scale. Time will tell if jpegs are economically sustainable (unlikely).
It's very difficult if not impossible to circumvent the system, thus you reap what you sow.
With bitcoin, you get what you deserve
