Bitcoin is now officially used predominantly for non-financial purposes.
If you’re economically illiterate — which I suspect most Bitcoiners are — this means Bitcoin’s monetary premium is now being heavily diluted. We can’t comfortably call Bitcoin digital gold anymore when gold’s monetary premium sits around 90%.
In a little more than 3 years, Bitcoin went from ~99% monetary premium — almost perfect money — to arguably below 50%.
We’re heading straight toward the digital silver narrative. If the trend holds, even digital copper won’t sound preposterous.
Still wondering whether we need BIP-110? Keep the blinders on, plebs. You’ll never be free.
quoting📦 OP_RETURN dominant blockspace for 2nd consecutive day
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Daily OP_RETURN share has stayed at or above 45% for 2 days (50.1% then 63.4%). In the last 90 days, only 9 day(s) reached this level — the rest of the regime sits notably lower. Sustained OP_RETURN dominance points to elevated Runes / data-inscription activity rather than financial-transaction demand.
More: https://thebitcoinportal.com/onchain/spam-analysis/overview
#Bitcoin #BTC #Spam #BlockSpace
