<oembed><type>rich</type><version>1.0</version><title>Jackthemimic wrote</title><author_name>Jackthemimic (npub1m5…2glzq)</author_name><author_url>https://nostr.now/npub1m50e65pv09ga73lglrkjgh5tlgj006pv9rce8xdg7rn5kps38gssh2glzq</author_url><provider_name>njump</provider_name><provider_url>https://nostr.now</provider_url><html>Several mistakes here:&#xA;&#xA;1. Either BIP110 is effective and stops spam or is ineffective and does nothing to stop spam. Pick one. The only way it &#34;Restricts revenue&#34; is if it actually stops spam (which it doesn&#39;t). But regardless both segwit and taproot reduce fees because they discount bytes in the witness so, your premise is just false on its face.&#xA;&#xA;2. A restrictive ruleset is ALWAYS valid on legacy nodes because it doesn&#39;t add new rules it limits existing ones. So your node being more permissive means nothing (your node doesn&#39;t matter because it doesn&#39;t object). &#xA;&#xA;3. &#34;Why would independent profit-seeking miners voluntarily coordinate...&#34; This is my entire point they AREN&#39;T independent. They are regulated companies. The hashers are regulated. The exchanges are regulated. The pools are regulated. Nothing is the mining apparatus is independent. Which is why I claim that they are centralized. &#xA;&#xA;&#xA;You have to start from first principles and stop making assumptions.</html></oembed>