I said clogging up the mempool was potentially harmful. I know the fees suck right now and it is changing some of my personal decisions around transactions. But I also know miners are making a killing and this could possibly add incentives to further develop layer 2 solutions. It’s too soon to know what the market forces will drive due to this and ultimately if it is good or bad.
I never said anything about filtering transactions.
I’m concerned about the bitcoiners who think they can identify and try to expel “bad” transaction types.
Just wait until people start declaring really complex spend condition scripts reflecting complex business interests wasteful. Then legitimate financial transactions will be those that are only p2p between individuals. Once the goal posts can move a little, they can move anywhere.
It seems so obvious. Why is this so complicated Buck?
It’s sad to see so many Bitcoiners which think valid, fee paying transactions are bad and that think high fees must be controlled for.
The human instinct to meddle in markets is very powerful.
It’s not an attack that people want to use your network and are willing to pay a lot to do it. It means we’re winning. Just embrace it and start building.
