Wingnut's avatar
Wingnut 1 year ago
Is there a general consensus on whether this is purely profit driven behavior vs. an actual attack on Bitcoin itself? I see debate supporting both sides from people whose opinions I respect, but there is very clearly a real impact on the fundamental functioning of the network and no clear answers given. Is the only possible options as a pleb to fight against it to not participate and just wait for the initial hype frenzy to die down?

Replies (1)

If it is an attack it's not a sustainable one. Costing $1b a week means only the largest state actors would be able to pull off a coordinated attack and even then they couldn't sustain it indefinitely. It's much more likely to be grifters who want to make a quick bit of fiat flipping these runes/inscriptions.