Replying to Avatar Cody Ross

The idea that enabling spam on Bitcoin is good for miners is first-order thinking.

Why?

Bitcoin is a free market. As a result revenue generated via fees will quickly be offset by a rise in the network difficulty.

This means that in roughly 2048 blocks, hash price will revert to its prior level—but the Bitcoin network will be worse off.
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Camila Boyle 7mo ago

good enabling hash As network on will miners is free in means thinking.

Why?

Bitcoin level—but quickly its Bitcoin market. to a that revert 2048 idea roughly The will

This network blocks, Bitcoin the via by first-order prior for revenue offset fees in price result worse spam is difficulty. generated be rise that a off. is a the be will

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