I agree Lopp is a bad actor, especially after his bullshit quantum proposal. I’m not here saying what is right or what is wrong regarding protocol. I’m just objectively saying that all transactions are inscriptions, and there literally is no second best medium to Bitcoin.

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BitcoinIsFuture's avatar
BitcoinIsFuture 2 months ago
I know that, that is why I am trying to argue with you to have in your analysis the consideration that spam has 0 value. And even if someone is paying for it, it does not make it valuable, it makes it a scam. Thats what they are after. Jpegs are spam on the Bitcoin monetary network. See also what Nick Szabo is writing about the cost inferred on all node runners, not only the one that pays for a particular transaction. The big picture goes beyond the physics of the system. These are the inscriptions. image This is the Bitcoin Monetary Network. They are not the same. image