"Good evening. I have directed the Secretary of the Timechain to take one action — suspend temporarily the convertibility of Bitcoin into free, unencumbered block space. Now, what is this action — which is very technical — what does it mean for you? Let me lay to rest the bugaboo of what is called inscription spam. There has been a lot of discussion about Ordinals and Runes flooding our blocks with non-monetary data. The speculators who have been attacking the purity of Bitcoin's block space are now being met with a defense that will protect you — the honest node operator, the honest hodler. Now, this action will not affect your bitcoin. Your bitcoin will be worth exactly as much tomorrow as it is today. The effect of this action, in other words, will be to stabilize Bitcoin. In recent weeks, the enemies of sound block space have been waging an all-out war on our chain. The purpose of their attacks is to undermine confidence in Bitcoin and create chaos. Accordingly, I have directed the development team to take the necessary temporary measures — narrow in scope, limited in duration — to defend Bitcoin against the speculators. I am determined that the average bitcoin hodler will not be held hostage to the whims of those who would fill our blocks with monkey pictures. This is a temporary measure. It will not affect your day-to-day use of the network. Let me be clear — this is not a restriction on you. This is a restriction on them. And when the threat has passed — when the speculators have been defeated — we will restore full, open, content-neutral block space to its rightful place. We will. But tonight — for the stability of the network, for the protection of honest users, for the defense of everything Bitcoin was built to be — we must act. Temporarily. Narrowly. For your protection. Godnight — and may God bless Bitcoin."