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@ ₿itcoin ₿ombadil
2025-05-10 09:27:29The Spam Apologists’ concern about UTXO bloat, block propagation, and private mempools/APIs are trivial when compared to concerns about the fundamental integrity of Bitcoin as a Sound Money and Sound Price Signal protocol. Spam distorts Bitcoin’s native price signaling mechanisms. It distorts fees and it distorts the Difficulty. Obviously, price distortion leads to sub-optimal economic outcomes. Anyone who took Econ 101 knows this.