If abuse of the blockchain continues to get worse and nodes become harder and more expensive to run, it becomes decentralised in name only, just like all the shitcoins. If we allow scams to be run on bitcoin, ordinals, inscriptions, runes etc people in fiat land will continue to get rugged and people will rightly associate bitcoin as a scam, just like all the other shitcoins.

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If a handful of people had this power all along, then it was never actually decentralized. What about people switching to knots? Are they just wasting their time?