Ordinal Inscribers are now paying Bitcoin mining pools to construct blocks for them with zero or minimal financial transactions, so that all of their images get inscribed in sequential order. They are...
IMO miners will get richer. May invest in more mining equipment. Difficulty increase means harder bitcoin.
I see this as fiat injection to bitcoin economy.
The inscribers could also do regular meaningless bitcoin transactions with high fees to stop plebs. This is similar I think.
While the inscriber miners are taking those fiats, the old benevolent miners will reap the transaction fees.
Is this good for bitcoin? ---------------> YES
I see this as fiat injection to bitcoin economy.
The inscribers could also do regular meaningless bitcoin transactions with high fees to stop plebs. This is similar I think.
While the inscriber miners are taking those fiats, the old benevolent miners will reap the transaction fees.
Is this good for bitcoin? ---------------> YES
❤️1