Guy Swann
· 114w
Ordinals and inscriptions aren’t using bitcoin the money. They are merely using #Bitcoin *nodes* to store their garbage, and the bitcoin *name* to sell it to people.
It makes perfect, and necessa...
I'm suprised you of all people have this take.
I have heard your voice countless times in my hears laying out why the only sensible use of a blockchain is money, i.e. people only have one worthy use for a decentralized inefficient database.
Blockspace is blockspace. Money just happens to be the only worthy use case for block space in the long run. There is absolutely 0 need to enforce that directly. The free market naturally self corrects malinvestments.
Doing so just makes bitcoiners look desperate, insecure and petty.