Quote from: Junoto on May 29, 2024, 06:14:49 PM

This may be a question that bothers me in my heart and mind who thinks that Bitcoin as part of cryptocurrency has deviated from its initial goal which was intended to fight banks and I think it has now moved towards a commodity project for example (DeFi, NFT and etc) rather than being a legal alternative means of payment, from that question I want to get enlightenment from all members about whether bitcoin and other cryptocurrencies have changed from their original goals? Hopefully this will be material for constructive and enlightening discussion

Thinking that Bitcoin was designed to fight against the government or banks is a deception. I also assume that this is the mindset of most governments. These politicians think that Bitcoin is fighting against them, this might be the reason why many countries are banning and restricting Bitcoin transactions. The government of my country sees cryptocurrencies as an enemy because they are worried that many citizens are dumping our currency and hodling Bitcoin.

Quote from: Z-tight on Today at 10:56:12 AM

Quote from: Felicity_Tide on May 29, 2024, 10:38:13 PM

Ordinals, Runes, BRC-20 Tokens, LN, etc have been introduced aside what Satoshi implemented. Not everyone enjoys some of this things I just mentioned.

LN is a good layer II scalability solution, even if it hasn't worked out as well as many people thought it would when it was implemented. However, things like runes, ordinals or tokens on the BTC network are not a part of BTC, better to call them attacks than implementations, and such spam attacks can only last for the short term, because you cannot deceive the people involved in it for a long time, they'll surely find out soon enough they they are gullible and have been deceived.

But some set of bitcoiners especially miners don't see runes and ordinals as a spam attack on the Bitcoin system. Several miners see it as a lucrative revenue stream. However, the majority of people who operate in the Bitcoin space are against runes and ordinals because they cause high transaction fees.