It's different today. I don't think I saw the fees surge this high and stay high this long before. I have argued for censorship-resistance and that they have the same right is everyone to use the network, but I'm annoyed and I am worried to be honest.
Yes its totally different its not just because bitcoin get pump high it is also because the ordinal transaction it does really push the limit of bitcoin, the ordinal should think again tho since if there any "real user" that using ordinal they should worry about the growing fee like this.
Image the NFT marketplace with high fee for long period of time, I do believe this will got abandoned soon unless there is fishy reason behind this transaction
Right and it’s understandable to be concerned about the prolonged surge in fees, especially when it affects censorship. The strain on Bitcoin's network due to high transaction volumes does raise valid worries because users rely on the network for genuine transactions like those in the NFT marketplace. I think balancing scalability with decentralization remains a challenge for blockchain but we’ll get there