BTC> My opinion at the moment aligns with Maximalist like Matthew Kratter.
https://www.youtube.com/watch?v=ZwSN5lKeNEYYoutube Gemini summarise:
This video is about Bitcoin Runes and its negative impacts on Bitcoin.
The speaker of the video, Matthew Crder, argues that Bitcoin Runes is a scam and will likely cause financial loss for people. He mentions that some tokens issued on Bitcoin Runes have dropped over 90% in value within just 24 hours. [1:02]
The creator of Bitcoin Runes, Casey Rmore, is also criticized for his involvement with ordinals and inscriptions, which are other supposedly scammy protocols. The speaker finds Rmore's blog disturbing because it contains content related to bestiality. [1:12]
Bitcoin transaction fees have skyrocketed because of the minting of Bitcoin Runes. The speaker claims that this spam is causing denial-of-service attack on the Bitcoin network, making it expensive to conduct financial transactions. [1:20]
The speaker believes that this spam is a result of unethical crypto VCs trying to profit from Bitcoin. He argues that companies and individuals who promote Bitcoin Runes or similar protocols should be called out. [1:30]
The speaker mentions a few ways to fight against Bitcoin Runes and similar scams. One way is to boycott Bitcoin mining pools that include a lot of Bitcoin Runes transactions in their blocks. The speaker recommends using Ocean, a non-KYC mining pool that allows users to choose block templates that filter out garbage transactions. [1:40]
Another way is to run Bitcoin knots, an alternate version of Bitcoin Core that has better filters for spam transactions. The speaker mentions a few people to follow on Twitter to learn more about this topic, including Bitcoin mechanic, Luke Dasher, Jock Muko, and Leo Half. [1:50]
BTC>