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Dennis Porter, CEO of the Satoshi Action Fund, ignited a fresh fight over Bitcoin’s identity and governance on Wednesday, arguing that so-called “spam” transactions are bloating the blockchain and, over time, could open the door to protocol changes that erode its most sacrosanct guarantees. “Bloating bitcoin with spam won’t ‘kill’ bitcoin,” Porter wrote on X on August 13. “However, bloating bitcoin with spam WILL allow highly motivated actors to make future changes to bitcoin that undermine its most important principles.” He specified those principles as the “21 million hard supply cap” and “censorship resistance,” and warned that if they are weakened “Bitcoin will just continue on as a hybrid fiat/bitcoin system
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