Replying to Avatar RealJohnDoe

#Transaction #fees have to go. #Bitcoin doesn't need them. They're just theft..😠
Avatar
Jestopher 2y ago

Lol no

Reply to this note

Please Login to reply.

Discussion

Avatar
RealJohnDoe 2y ago

Yep, they need to go. Bitcoin doesn't need them. They're just an expense and a drag on bitcoin.

They don't serve any legitimate need of #Bitcoin. The block rewards is the only incentive needed.

#Transaction #fees were not a part of the original design of Bitcoin..🙂

Avatar
node 2y ago

🤣

Avatar
RealJohnDoe 2y ago

Laugh all you want. But why would the owners of Bitcoin want to pay fees they don't have to.

#Transaction #fees damage Bitcoins economic model, and security profile. Without any benefit to them or #Bitcoin.

Bye-bye fees..💀

Avatar
node 2y ago

I honestly thought you were joking 🤣🤣

Avatar
RealJohnDoe 2y ago

Not a bit..🙂

Avatar
node 2y ago

Ah

Avatar
Jestopher 2y ago

And then how do you prevent spam from filling up the Bitcoin blockchain without transaction fees?

Avatar
RealJohnDoe 2y ago

That's a good question and would require some work. But Ironically the #fees have resulted in just the opposite.

They've been flooding the blockchain with crap like #inscriptions, #ordinals #nfts #BRC 20s etc. Intentionally and artificially inflating transaction fees by flooding the menpool.

If I'm going to get spammed, and #fucked up the #ass. I don't want to be paying fees for it too. It just makes us ALL! look like a bunch of stupid jackasses..🐴🫤