I miss when the Simpsons was right about everything - that was just depressing. Now it's Futurama that's right about everything which is leaves me fearful for our lives.

I don't think so, it would be directionally correct to somehow eliminate the witness discount (at least for non-monetary uses) but it's a completely different market. A vintage car used as a collector's item does not naturally fall to the price of a used Prius as they are used different purposes.

1. I'm not against L2s 2. The assertion that idiots run out of money is baseless Think

Best? No. Inevitable if BIP-110 and efforts like it fail? Yes.

If Bitcoin is not optimized for financial activity, people will transact off chain using trusted third parties, and the blockchain will increasingly consist of junk data no one wants to store. The assertion that Bitcoiners will out-price spammers is contrary to all evidence.

According to bitnodes(.)io 7.8% of nodes are BIP-110. Luke's stats have it more like 5.7%. I'm sure some nodes have been spun up for appearances (equally sure that's true of Core nodes). I think it's fair to say there's already some genuine grass roots support for BIP-110 whilst virtually zero from companies/miners. It remains to be seen whether that's sufficient to draw in others. One thing of note is that if it came the other way around (no grassroots support, but big companies and miners all pushing for it) that'd be a far greater red flag and I'm glad it's happening the way it is.

And yet I've heard it from many respected minds in the space.

Do you believe casinos will eventually cease to exist also?

I didn't say it's not permissionless dummy.

It is jot a coincidence that this "generic database" contained primarily financial activity until 2023. That was the result of responsible decision making and careful design. That has all been abandoned for the purposes of bringing crypto scams to Bitcoin, rationalized with hollow ideological claims that undermine sincere engineering efforts to reduce non-monetary usage of Bitcoin. "Bitcoin is permissionless!" "That is not spam, they're valid transactions!" ...as though those things are meant to mean we cannot be permitted to acknowledge and fix issues preventing the network from functioning correctly.

Witness discount abuse

There are no sides. There's just parasites using Bitcoin for storing trash. Then there's bitcoiners pushing back against it with a bunch of moronic influencors getting in the way. Personal attacks are inevitable. I actually don't do a lot of it, though obviously lose patience every now and again. If *all you have* is personal attacks like Odell then yeah, people are going to call that out. Also, it's incredibly stupid to judge BIP-110 because people you dislike are yelling at others about it. If you want civilized discourse you're really just asking for centralized decision making. It's chaotic, live with it.

That's like saying scrambled eggs and omelettes are the same thing. They are but wtf no they aren't.