I may be hated for saying this, but
Not you but I'll probably really be hated for saying this: Bitcoin become a victim of rich people.
What it was years ago | What it is today:- P2P Electronic Cash system | P2P JPEG ownership transfer service----------------------------------------------------------------------------------------------------------------
- Low transaction fees | Abused network with high transaction fees----------------------------------------------------------------------------------------------------------------
- No regulations, no ETF, no restrictions | Regulations, ETF, restrictions----------------------------------------------------------------------------------------------------------------
- Mining was decentralized | Now mining is centralized ----------------------------------------------------------------------------------------------------------------
Do you wanna know what's going to happen? Did you guys ever hear
If you can't defeat them, be one of them? So, governments and rich people took important resources and taking it every day. Bitcoin ETF approval was one of the most important step. Exchanges are getting regulated too and there is KYC everywhere. They technically become one of them. Soon they'll force miners to filter transactions and don't include the ones that governments don't want to be included. This is where it's heading!
what's currently happening in the mempool is a feature, not a bug.
It's here because money is made. Miners are earning tremendously big amount of money thanks to ordinals and ordinals are also making tremendously big money thanks to dumb people. Does anyone think that it will be removed anytime soon? Money!