Removing ordinals will reduce transaction fees, meaning miners will make less Bitcoin per transaction.
How do you propose bitcoin survives when the block subsidy is near zero and miners depend solely on transaction fees to sustain them, when even a modest increase in transaction fees is enough to make 99% of the community want to ban the transactions paying those fees? A tail emission? Merged mining?
I think, we can be confident to say that when the block subsidy will be near zero, bitcoin will be a very popular and widely used currency with very high number of users and transactions. Let's say roughly that one block on average includes 3500 transactions, bitcoin's price is 40K and average transaction fee is $2. Number of bitcoin users are increasing, right? So the number of transactions should increase. If we have 200K upcoming transactions, we will have 400K upcoming transactions tomorrow, right? I assume this because if that's not gonna happen, then it means bitcoin failed which I don't think will fail. So, if there are upcoming 400K and millions of transactions, are going to wait for centuries and pay thousands of dollars to get it confirmed in next block instead of next months? No! We need to increase block size. For example, If transaction costs $2 today and miners collect $2000, if we double the block size, transaction will cost $1 and miners will still collect $2000 because the number of transactions will fill the blocks, because there is a demand. If we triple the block size and demand meets that, we will be able to pay 0.8$ and miners will collect $2400 in fees. So, if demand increase and block size gives us capability to get transactions confirmed and don't be in queue for months.
I believe that removing ordinals is necessary to improve the scalability and efficiency of Bitcoin.
Banning transaction you don't like doesn't change bitcoin's efficiency whatsoever, it simply decreases the number of transactions in the mempool. If you want bitcoin to scale, then work on scaling, not on censorship.
If there is a 51% network attack on Bitcoin and we can avoid it via some code modification, would you support it or not? I think you support 100% total freedom, yes, that's good but you have to keep in mind that we don't touch freedom here, we touch those who abuse the bitcoin protocol. I think there is a difference between good and evil. Yes, something good can be evil for you and otherwise for me but is there anyone who thinks Ordinals are a normal thing and not an abuse of bitcoin protocol via a small bug? It will be censorship if we implement the support of blockchain analysis companies in Bitcoin network. It's not censorship to kill ordinals.
It's not a censorship, they exploit bitcoin protocol, they find a loophole and what's wrong with feeling loopholes? Nothing.
As I've explained already in this thread, it is impossible to ban all methods of embedding arbitrary data in the blockchain without the solution being worse than the problem. We can only make it somewhat more expensive by forcing them to move the data from witnesses to public keys (or similar), and if slightly increased expense is enough to burn out the ordinal spam then we can equally do nothing and it will burn itself out anyway.
To be honest, Bitcoin Ordinals are not problem for me because I am waiting for the time when people will stop paying thousands in dogshit. If they don't want to stop, I'm here just to laugh to see how stupid someone can be. But if there is a talk about removing ordinals, I would vote for it. By the way, every time problem is solved, another bigger problem comes up but that doesn't mean we shouldn't solve problem with the fear of another problem coming up.
Whether Transaction A is spam or not depends entirely on the viewpoint of the person looking at it. To us it is spam. To someone else it serves a purpose.
Is there any talk about bitcoin ordinals in bitcoin whitepaper? Bitcoin whitepaper says that Bitcoin is a purely peer-topeer version of electronic cash that allows online payments to be sent directly from one party to another without going through a financial institution. Now explain, how would ordinal serves a purpose for someone else? Are we going to ignore bitcoin whitepaper? Arguing about this is like arguing that a person is a human but feels that his/her identity is old Persian horse. Doesn't make sense, right?
How will you use bitcoin mempool gets massively flooded?
I'll pay the appropriate fee.
Is bitcoin for everyone who want to improve privacy and independence from financial institutes or is it only for rich people?
Bitcoin was created for P2P transactions, to get rid of 3rd parties but Ordinals are not real financial transactions. So, it's not a censorship.
And again, as I've said above, centralized exchanges are third parties and are not peer to peer. So if you are using those reasons to argue for banning ordinals, then you should be arguing to ban centralized exchanges as well. Can't pick and choose.
Yeah, I agree with you that Centralized exchanges should be banned too but this game is not in our hands anymore.
By the way, answer to these problems is Monero. Centralized exchanges ban Monero and Monero is also the most privacy focused currency. Move on Monero.