why the hell is this happening? I saw a btc maxi saying "govts don't care ab xmr" LOOOL under the rock his living he stiil ain't got the news on the IRS offerin +500k bounty to anyone who cracks it
Explanation 1: The miners might be tired of btc not going up to cover mining expenses so theyre trying to create a “fee sentiment”. Wouldnt be suprised if they demand a minimum fee. Transaction fees exceeded the btc block reward! Explanation 2: Eliminating the use case of btc buy making it expensive to transact for regular folks. Explanation 3: Proving a point that btc might not make it until the block size is increased. All in all, another reason to use Monero.
either the block size is increased (if possible) or the consensus rule is changed, where the algorithm is anti-ASICs, while miners just make the network safer and don't charge large amounts to make it a p2p currency with a real-world use case
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