Where is all this dumb money coming from?

Where is all this dumb money coming from?

That's the 600 sats/vB question indeed.
This is starting to look less and less like organic market activity by the day.
Weird, I thought some of these other "Bitcoin 2.0" projects could already handle inscriptions much better than BTC? If they can't then why would anyone swap BTC for it other than for speculation?