According to @adam3us, as Bitcoin technology improves, cryptographic fungibility should increase and the blockchain will converge to a cryptographic accumulator where transactions become indistinguishable blobs, making censorship and filtering impractical (Source: @adam3us on X, Aug 20, 2025). For traders, his view implies blockspace demand from any use case can still bid for inclusion, so fee dynamics are set by aggregate demand rather than policy-based filtering; monitor mempool congestion, sat/vB fee bands, and miner fee share of revenue as leading signals for BTC volatility and miner income sensitivity (Source: @adam3us on X, Aug 20, 2025). If filtering becomes ineffective as argued, attempts to exclude transaction types would not sustainably suppress fees, keeping attention on fee-market liquidity and on-chain throughput constraints when positioning around BTC catalysts (Source: @adam3us on X, Aug 20, 2025).

According to @adam3us, as Bitcoin technology improves, cryptographic fungibility should increase and the blockchain will converge toward a cryptographic accumulator, making censorship and filtering infeasible because on-chain content would be indistinguishable blobs (Source: Adam Back on X, Aug 20, 2025, post ID 1958095393150902731). For BTC traders, this statement signals a design emphasis on maximal censorship-resistance and fungibility as core settlement-layer properties that can shape liquidity preferences and execution strategies during network demand spikes (Source: Adam Back on X, Aug 20, 2025, post ID 1958095393150902731).