Bitcoin is owned by humanity, the protocol developers are stewards, and need consensus from users to change it materially. bitcoin is about money, spam has no place in the timechain. what defaults the bitcoin core project puts in the reference client matter in this.
in may there were 88mil JPEGs in the chain, now 4 months later, there are 105mil JPEGS, a 20% increase. in may 7000btc fees had been paid, at $100k btc that's $700m or an average of $8 per JPEG. they are primarily in taproot inscriptions. (@BitMEXResearch data)
@BitMEXResearch correction TIL it's 105mil data items across JPEGs, various image formats only 3mil or so, the rest are the rune/brc things apparently largely used for meme coins, copied over from other chains.
@adam3us @BitMEXResearch Umm this is crypto...I guess you weren't aware that its an open market Lol
@adam3us @BitMEXResearch And also extremely many micro transactions done by Bitcoin Jesus and faketoshi from 2017 an onwards to try to prove an erroneous point.
@adam3us @BitMEXResearch Stop the denial, the real $PEPE lives on Bitcoin. Everything else is just noise. Receipts are right here 👉 @adam3us 🔗 x.com/Pepe_Brc20/sta…
@adam3us @BitMEXResearch Stop the denial, the real $PEPE lives on Bitcoin. Everything else is just noise. Receipts are right here 👉 @adam3us 🔗 x.com/Pepe_Brc20/sta…
