Thank you for putting this together.
I think it’s smart to look at this holistically.
The legal risks are real, but Bitcoin users need to do the right thing because we hold ourselves accountable, not because the Tyrannical State tells us to behave a certain way.
The economic, technical, ethical, and reputational risks of more unnecessary arbitrary data on Bitcoin are just as real and threatening in their own ways.
Vigilance & cooperation are key and it’s important that Bitcoin defends itself with smart limitations on a consensus and policy level as best we can.
Mitigating Op_Return and Inscription data are both obvious priorities.
Looking forward to the next draft! Thanks again.
Godspeed. ✊🏼🫡