TomerStrolight on Nostr: I mean, first of all, it’s just people making up their own rules as they go along. ...
I mean, first of all, it’s just people making up their own rules as they go along. There’s hardly anyone who has signed up for any consensus in the BRC-20 standard. And secondly, since anyone can create any unique ticker symbol, and none of them have any actual unique utility, there’s really no scarcity whatsoever. The whole idea is completely idiotic.
It is a test of letting idiots destroy themselves without intervening to try to stop them. The stupidity benefits miners who earn the higher fees caused by the stupidity but it also hurts ordinary users who must now pay higher fees due to this.
Published at
2023-05-02 12:44:48Event JSON
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