Post
Topic
Board Mining
Re: Is anyone else glad Bitcoin is calming down?
by
larry_vw_1955
on 08/05/2023, 00:34:34 UTC
Aged like fine wine :>. But anyway if this keeps up into a bull run i wouldn't be surprised if people just eat these fees like how ETHtards just pay $4000 just for the ability to buy a monkey picture.
i bet they wish they had their $4000 back now. no one can be dumb enough to pay $4000 to buy a monkey picture. at least, you would think so. we're not talking about paying $4000 for the monkey. just the ability to be able to buy him. it's like paying a membership at a country club so you can play golf there but you still have to pay greens fees...

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Short term "solution" imo is to reverse taproot or at least mitigate the ability to shove JPEGs into the blockchain.
based on how quiet the developers have been, that seems very doubtful unfortunately. seems like they don't even care. and think it will just work itself out.

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Long term solution would be to increase the 1MB block size.
then people would just try and upload more monkeys. and bigger ones.  Shocked