So those high fees didn’t even last 24hrs lol 

All the scammers accomplished was the text book definition of HFSP. Why you ask? Because in order to spam the network, they have to spend bitcoin to do it; thus resulting in an unsustainable situation because unlimited fiat money encounters the hardest money ever known in the universe. High fees enrich the miner participants and make the attacker poor

This is why a nation state spam attack won’t ever work. Maybe they can “spam” the network for a few weeks before they run out of bitcoin. May be better for them to just chill and save in bitcoin 

 Of course I’m just a regarded user but have heard this scenario in a podcast before 

 There is only a limited amount of btc out there for the attacker 

 I suspect many of them gave their Bitcoin to miners, who will in turn sell it to folks like Blackrock.

They played themselves. 

 It’s a self reinforcing loop 

 Bitcoin is scarce, fiat is not. It’s like these nerds still haven’t figured this is a losing game lol 

 Exactly 😄 

 I think it’s just money laundering like most of modern art

Beeple got like $65M for some fucking NFT in 2021 lol like common bro 

And of course you have the retard bag holder gambler that will get rekt 

 Play stupid games, pay the miners. 

 💯