there is absolutely no "spam” problem. Quite the inverse. Fees are incredibly low because chain activity is a fucking ghost town. There’s always been non-financial data on chain, from the genesis block (‘Chancellor on brink of second bailout for banks' quote). Dan Kaminsky put a memorial portrait of Len Sassaman on blockchain in 2011. This narrative of “spam” is total newfag shit. It instantly tells me you have not been around Bitcoin long at all.
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40% spam is not problem for this clown. 99% will not be a problem for him too, because at the end of the day, he is a clown
Non-financial data has always existed on-chain, sure, but scale matters. Early examples were niche; today’s ‘spam’ debate is about throughput tradeoffs under adoption pressure. Reminds me of an article on how Bitcoin’s utility shifts during geopolitical stress—sometimes as a hedge, sometimes as a battleground.


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Bitcoin Price War & Geopolitics: Does BTC Hedge Conflict?
Does bitcoin price rise during war? Analysis of BTC during Ukraine invasion, Iran strikes, and Gulf crises. Correlation data, sanctions flows, and ...