GOOD MORNING WILL, MEMPOOLS WILL NEVER CLEAR AGAIN
So what do we do about it?
AS FEES INCREASE THEY INCENTIVIZE TOOLS THAT USE BLOCK SPACE MORE EFFICIENTLY. USERS WILL USE THE TOOLS THAT HELP THEM REDUCE FEE BURDEN. IRON SHARPENS IRON. https://www.discreetlog.com/high-fees/
At first I couldn’t believe shitcoiners use JSON instead of CBOR but then I remembered they’re shitcoiners and therefore subhuman
So, off-chain coinpay/joins it is then! Seems like it's the path of least resistance out of this hole.
I mean "off chain" as in you put a tx onto one of these services, and when a bunch are gathered a cheaper transaction is constructed, and that defeats their spam atack. It will also be a spectacular backfire if intels are behind the Ordinal cultists.
... and coinjoins are priced out. :(
THANKS ODELL FOR ALWAYS BEING CONSISTENT.
Activate bip300 and bip119
Man every single chain those 2 days nostr:nevent1qqsrj62jxmflshlxu32v7z9qd3dt2xe5wspq0uh2fh40sp5w869jkgcpp4mhxue69uhkummn9ekx7mqzyqzvj9w6alhrsvtl5u6ygjkwuwg2sf5lukqskgjpuhnd6dpal0kvjqcyqqqqqqgqke945
Bitcoin and Human fundamentals...all according to plan. nostr:nevent1qqsrj62jxmflshlxu32v7z9qd3dt2xe5wspq0uh2fh40sp5w869jkgcpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5qgsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgrqsqqqqqp8fk020
If folks want to stack amid high fees check out @BTCsessions has great videos on how to do so using Lightning and Liquid. These are fun and easy to use. Nothing is perfect, life is a series of tradeoffs given limited resources and unlimited desires.
Really sucks for coinjoin though
Higher fees make it even easier to Hodl down. Does not break my spirit. Hope traders get burned. Trading Bitcoin is fools fiat.
Why do we need to do anything? The market will determine the fees.
Dude, it got so close a month ago. These freaking inscriptions and ordinals have to die down.
M E M P O O L S W I L L N E E E E V V V E E R C L E A A A R R R A G A I N Bitcoin has achiveed escape velocity.
nostr:nprofile1qqsf03c2gsmx5ef4c9zmxvlew04gdh7u94afnknp33qvv3c94kvwxgspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9rhwden5te0wfjkcctev93xcefwdaexwtcpzdmhxue69uhk7enxvd5xz6tw9ec82c303dhy7r your app doesn't display my extra spaces please fix.