Vitali on Nostr: They either will run out of bitcoin or they will lose interest as the transactions ...
They either will run out of bitcoin or they will lose interest as the transactions get too expensive that even the ordinals guys will lose interest when it does not give any ROI.
And yes that may take time as you said they could have big casinos backing them up, but they pay the fee in BTC, the miners get the fee and sell BTC in the market which we and the ordi guys can buy again.
As BTC gets more scarce because of halvings and people hodling, it will be harder for everyone to get the BTC. Harder by means of a higher prices.
I don't think that we see the same ordinals hype happening, when BTC costs 1 million or even 10 million or even higher.
And yeah you are right that bitcoin needs us as user. And because USD or EUR or every other currency is shit and BTC is the best money, it will have users.
But Bitcoin does not need individual users who think they know something better and need to change anything.
Funny how "Bitcoiner" now use "filter" to avoid using "censor" because Bitcoin stands for censorship resistant. 😅
And don't take my words personal as I dont want to attack you. I know it was just a post. 😃✌️
And yes that may take time as you said they could have big casinos backing them up, but they pay the fee in BTC, the miners get the fee and sell BTC in the market which we and the ordi guys can buy again.
As BTC gets more scarce because of halvings and people hodling, it will be harder for everyone to get the BTC. Harder by means of a higher prices.
I don't think that we see the same ordinals hype happening, when BTC costs 1 million or even 10 million or even higher.
And yeah you are right that bitcoin needs us as user. And because USD or EUR or every other currency is shit and BTC is the best money, it will have users.
But Bitcoin does not need individual users who think they know something better and need to change anything.
Funny how "Bitcoiner" now use "filter" to avoid using "censor" because Bitcoin stands for censorship resistant. 😅
And don't take my words personal as I dont want to attack you. I know it was just a post. 😃✌️