Michael Saylor posted on X stating that after a decade of controversy surrounding Bitcoin's insufficient block space and non-monetary use transactions, the Bitcoin network has not experienced the so-called "spam problem." Currently, Bitcoin network transaction fees are around 1 sat/vB, allowing users to transfer any amount of $BTC globally with transaction processing costs of approximately $0.30.
Michael Saylor stated that block space challenges in Bitcoin's history have always been resolved through market mechanisms, and "the free market has always solved Bitcoin's block space problem."Michael Saylor has long supported Bitcoin's positioning as a global store of value and settlement network. This statement responds to previous controversies regarding Ordinals, inscriptions, and on-chain non-financial applications occupying block space and causing fee increases. The market's supply and demand mechanism can dynamically adjust block space usage and ensure the continuous operation of the Bitcoin network. Bitcoin's current low fee environment also indicates that network capacity and demand remain balanced.[Odaily]