Yeah, multiple framings exist. What relative importance do you place on the monetary use case vs other use cases for the timechain?
Discussion
I don’t give a shit about subjective perspectives on importance of certain types of transactions.
That is the point. One perspective focuses on objective reality, valid and non valid transactions while the other focuses on subjective importance.
My perspective is that the system is sound and works therefore I don’t spend time thinking about how to fix the system’s ability to sift out “wrong or unimportant” transactions.
Sure, and one can argue that they aren’t in conflict, but I meant to ask what’s your estimate of the relative importance?
I think that fees prevent spam at scale.
So it sounds like you agree that the monetary role is much more important than the other roles, but you’re arguing that the cost borne by the intended users by these new users is less than the cost that would be borne by everyone if we make the “bug fix”. Why do you make this argument?
I believe that monetary use cases are the most economically dense.
Does this mean you think Bitcoin’s economic incentive structure as it is today is fundamentally broken?
do you hold any inscriptions, rare sats, ordinals, or other non-traditional utxos, and how might that may be influencing your perspective?