cryptosho on Nostr: Why am I buying Ordinals? 🚀 I'm super bullish on #Ordinals over NFTs! Why? Because ...
Why am I buying Ordinals?
🚀 I'm super bullish on #Ordinals over NFTs! Why? Because Ordinals are simple, secure, and built right into the most valuable and decentralized digital currency in the world: #Bitcoin
2/ Ordinals are always immutable and on-chain, with no special due diligence required. You can verify the location and properties of Ordinals easily with a Bitcoin full node that you control.
3/ Inscriptions unlock new liquidity. They are more accessible and appealing to Bitcoin holders, unlocking an entirely new class of collector. 💰
4/ Inscriptions are designed for digital artifacts, with a better data model and features like globally unique symbols and enhanced provenance. 🎨
5/ Ordinals increase demand for Bitcoin block space, which increases Bitcoin's security budget, essential for safeguarding Bitcoin's transition to a fee-dependent security model. 🔒
6/ Inscriptions are an extremely benign source of demand for block space. Unlike DeFi, which might centralize mining, art and collectibles on Bitcoin are unlikely to produce entities with enough power to corrupt #BTC.
7/ 💻 Inscription users and service providers are incentivized to run Bitcoin full nodes, to publish and track inscriptions, and throw their weight behind the honest chain.
8/ 🚀 Ordinal theory strengthens and enriches Bitcoin, giving it another dimension of appeal and functionality, enabling it to more effectively serve as humanity's decentralized store of value. 💰 #OrdinalTheory #NFTs #Bitcoin #Art #Collectibles
🚀 I'm super bullish on #Ordinals over NFTs! Why? Because Ordinals are simple, secure, and built right into the most valuable and decentralized digital currency in the world: #Bitcoin
2/ Ordinals are always immutable and on-chain, with no special due diligence required. You can verify the location and properties of Ordinals easily with a Bitcoin full node that you control.
3/ Inscriptions unlock new liquidity. They are more accessible and appealing to Bitcoin holders, unlocking an entirely new class of collector. 💰
4/ Inscriptions are designed for digital artifacts, with a better data model and features like globally unique symbols and enhanced provenance. 🎨
5/ Ordinals increase demand for Bitcoin block space, which increases Bitcoin's security budget, essential for safeguarding Bitcoin's transition to a fee-dependent security model. 🔒
6/ Inscriptions are an extremely benign source of demand for block space. Unlike DeFi, which might centralize mining, art and collectibles on Bitcoin are unlikely to produce entities with enough power to corrupt #BTC.
7/ 💻 Inscription users and service providers are incentivized to run Bitcoin full nodes, to publish and track inscriptions, and throw their weight behind the honest chain.
8/ 🚀 Ordinal theory strengthens and enriches Bitcoin, giving it another dimension of appeal and functionality, enabling it to more effectively serve as humanity's decentralized store of value. 💰 #OrdinalTheory #NFTs #Bitcoin #Art #Collectibles