What is Nostr?
ODELL
npub1qny…95gx
2023-04-15 18:23:58
in reply to nevent1q…jnfx

ODELL on Nostr: I do not think inscriptions are “bad for bitcoin.” They are valid fee paying ...

I do not think inscriptions are “bad for bitcoin.” They are valid fee paying transactions, that cannot be blocked even if you dislike their use, and may have significant censorship resistant use cases going forward such as preserving important books, code, and other data. That said, inscriptions cannot be transferred unless you believe in the bullshit "ordinal theory.” It is the sales that are a concern, uneducated users being targeted by promoters who rather than disclose the tradeoffs choose to gaslight any of us who speak up.

So many important things to focus on but without fail, year after year, the focus turns to get rich quick schemes and dumping garbage on retail.

You should listen to my Citadel Dispatch with Casey. I did not go easy on him, I take the responsibility that comes with my platform seriously, and have been consistent in my thoughts for years.
Author Public Key
npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx