Ordinals…talk to me…
- The good?
- The bad?
- The ugly?
Making a show on this tomorrow and want to know your thoughts. Can they be stopped? Should they be stopped?
The good... everything is good for Bitcoin. I've had dozens of Ethereum and NFT people reach out to me about running nodes. They are learning about UTXOs. There are a lot of positives with this. Ethereum and Solana won't be around, nor with the web sites hosting their NFTs in a decade. Bitcoin will be around for hundreds of years. It makes sense for them to preserve their artwork on Bitcoin compared to alternatives.
The bad... it's a peer to peer electronic cash system, not a file system. It's spam. They're paying 3/4 less by using an exploit or an unintended use of the system. If they were paying the same fees as the rest of us, then I wouldn't hate it. If they were not abusing the system, then I wouldn't hate it.
The ugly... This would be me telling someone how they can use Bitcoin.
The bad... it's a peer to peer electronic cash system, not a file system. It's spam. They're paying 3/4 less by using an exploit or an unintended use of the system. If they were paying the same fees as the rest of us, then I wouldn't hate it. If they were not abusing the system, then I wouldn't hate it.
The ugly... This would be me telling someone how they can use Bitcoin.
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