I don’t think it’s a single malevolent actor, but yes, you’re correct. It’s a foolish attack because it’s expensive and ultimately temporary.

I think what happened is people from BSV and other shitcoins promoted inscriptions and BRC-20 in the hopes that it would cause congestion. They’re promising huge returns for people who buy this nonsense, which is why demand for it has persisted.

So a lot of people don’t see it as an attack, but some of the “influencer” types are definitely promoting it in bad faith. Here’s an example: https://twitter.com/coolish/status/1655505700318228480

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Thanks g