Stephan Livera: Bitcoin continues to function as money despite spam attacks

Stephan Livera: Bitcoin continues to function as money despite spam attacks
Bitcoin functions despite network spam

Stephan Livera, head of education and podcast host at Swan Bitcoin, examines whether spam attacks have interrupted Bitcoin's use as money.

Livera notes that Bitcoin has endured several major spam waves in the past, including those associated with SatoshiDice, Counterparty, Coloured Coins, and VeriBlock, before the introduction of more advanced tools.

Livera recently launched a Bitcoin Node Cost Tracker and dashboard as industry debate over node costs and spam intensified. Earlier this year, he reported on continued growth in Bitcoin lightning network volumes despite a significant pullback from previous highs. These observations contribute to ongoing discussions around Bitcoin network performance and resilience.

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