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Rabbit Hole Recap #252: Mempools Running Hot

Rabbit Hole Recap

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The Fallacy of Quote Unquote Security Budget

"There is no should or they can't do anything about it. There's just the free markets," he says of state corners that think like collaborative Bitcoin transactions, coin joins and paid joins are spam. Fees rise in response to block stuffing, not preemptively as a deterrent; subsidy is irrelevant. It's the option to bid up fees going forward that makes Bitcoin censorship resistant, not the value of past mining rewards.

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