The Bitcoin Mempool Drama Was All Too Predictable

The mempool drama was all too predictable given the brewing culture wars between monetary maximalist purists and Season 2 pragmatists.

Oct 18, 2024 - 22:00
 2
The Bitcoin Mempool Drama Was All Too Predictable

So mempool.space recently added features to spot Runes and Ordinals transactions, and Bitcoin monetary maximalists totally lost it. As a Bitcoiner and observer of Bitcoin culture, this whole drama felt completely normal and predictable.

Over time, an ideological split has emerged between Bitcoin monetary maximalists who see Bitcoin as only money and those open to building things on Bitcoin such as innovative, crypto-esq tech like Ordinals, Runes and tokens.

With this split mindset now entrenched, the mempool.space backlash was inevitable.

From the purist viewpoint, anything beyond the Bitcoin protocol is heresy.

So, even just the neutral action of mempool.space displaying Runes and Ordinals data for their users to see provoked outrage. Never mind if it made one of the best open-source Bitcoin explorers more useful and data rich — it touched the "forbidden" topic, and all rationality went out the window.

This reaction perfectly followed the playbook. The monetary maximalists responded to perceived apostasy with fury, as they always do on X. 

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