Replying to Avatar ACHTl

I try to give you my opinion on each paragraph.

1. I don't understand/see how inscriptions could be used as backdoor to attack bitcoin. Tell me more.

2. There is no junk in the blockchain. If someone pays the fee it's not junk. It might be junk for you but not for the one who pays the fee. If the amount of "junk" increases, the fees getting higher but this is OK because this is called free market. Bitcoin will survive and if not, Bitcoin was not worth to survive.

3. Yes, Bitcoin transactions will be extremely expensive in the future. We will not be able to make onchain transactions. That's why we will use second layer solutions like lightning. And to go back to onchain, we will bundle hundreds or thousands of transactions to split the costs. Or we will find other solutions. And if not, Bitcoin was not worth to survive.

4. I don't think so because of point 2 and 3.

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RealJohnDoe 2y ago

โš–๏ธ๐Ÿ‘ฎโ€โ™‚๏ธ๐Ÿงก๐Ÿ‘‘๐Ÿ—ฝ

https://snort.social/e/nevent1qqst7ud563mu9240fyed0xfycpwhuxapl00uucahv6zwn9a2neurufcpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqzyz4gmc60lzcc4s7v2m0vmljk79lvxqrnskvneq6vnwvuswdxllnfvqcyqqqqqqg4uvvj6

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ACHTl 2y ago

I am still new at nostr. What is this link. Don't want to paste my private key without knowing.

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