Jimmy, could you please help me understand what would stop anti-Bitcoin entities such as JP Morgan and even countries from funding attacking Bitcoin by flooding the mempool as we see now?
They have unlimited fiat to do so.
Discussion
I guess that'd be market forces. Miners fees go up attracting more of them which in turn lowers costs. (I may be talking shit)
Paula it would be great to understand this properly from someone like Jimmy.
I wonder how market forces would address this if the attacker has access to endless fiat.
#[3] could you please chime in 🙏🏽.