Bitcoin died again 😂

There were only 7 transactions waiting to be confirmed.

BTC's security model depends on high fees.

High fees made BTC participants optimise for off chain solutions.

Just game theory in action. Something people pointed out to Bitcoin maxis ten years ago.

Either you have something like tail emission or you need to somehow scale the block size to optimise for on chain fees.

The right angle tackling the problem of the blocksize war should always have been to find the optimum for fees as this guarantees long term security and therefore defines the capabilities as a SoV.

But instead fundamentalists wanted yo have no growth at all on one side (BTC) and infinite growth on the other side (BSV). BCH as some middle ground got fractured within the power struggle.

Game theory is something we early adopters talked a lot about. But for the last 5 to 10 years I have had the feeling that Bitcoin science is settled and people don't feel the need to talk about it anymore.

That's why I love Monero. You still can have inspring conversations with great adversarial thinkers, cypherpunk philosophers and knowledgeable cryptographers about game theoretical tradeoffs.

I think it just means some miners are prioritising the block reward over transaction fees by not completely filling the block with transactions.

“Quick let’s move onto the next one”

Could also be a sign that miners are facing more competition which in a way is a good thing. (Less centralisation).

Possible negative is that it takes a little longer for a transaction to complete.

In other words, not as bad as it first looks. Tick tock, next block.