1f52b on Nostr: Ordinals - just an arbitrary scheme for agreeing on a number for each sat. Bitcoin ...
Ordinals - just an arbitrary scheme for agreeing on a number for each sat. Bitcoin equivalent of collecting coins or banknotes that have some significance to you, really nothing at all here for people to get upset about. Ignore if you want to, have fun with it if you want to.
Inscriptions - different thing, but *use* ordinal theory to agree on who now owns an inscribed sat if you transfer it. Inscriptions IMHO are genius and cool, and good for Bitcoin. For people that are angry, the original sins were agreeing segwit discount and taproot without fully understanding the repercussions. Max block size is 4MB, deal with it, that argument is over. Also LMAO Bitcoin accidentally has better NFTs than all the Shitcoins *and* now shitcoiners are running Bitcoin nodes. Consensus rules are the rules, not what people ‘want’ Bitcoin to be used for. This is good for Bitcoin.
Casey’s chat with Odel on Citadel Dispatch was good, important points around how Inscriptions now entangle Bitcoin with 1st Amendment free speech because inscriptions are clearly speech not money. Also potentially help with future security budget concerns and ensuring we have a healthy fee market into the future (but also inscription hype could just die out)
Inscriptions - different thing, but *use* ordinal theory to agree on who now owns an inscribed sat if you transfer it. Inscriptions IMHO are genius and cool, and good for Bitcoin. For people that are angry, the original sins were agreeing segwit discount and taproot without fully understanding the repercussions. Max block size is 4MB, deal with it, that argument is over. Also LMAO Bitcoin accidentally has better NFTs than all the Shitcoins *and* now shitcoiners are running Bitcoin nodes. Consensus rules are the rules, not what people ‘want’ Bitcoin to be used for. This is good for Bitcoin.
Casey’s chat with Odel on Citadel Dispatch was good, important points around how Inscriptions now entangle Bitcoin with 1st Amendment free speech because inscriptions are clearly speech not money. Also potentially help with future security budget concerns and ensuring we have a healthy fee market into the future (but also inscription hype could just die out)