RAGNAR on Nostr: JPEGs on Bitcoin represents the epitome of civilizational existential crisis. ...
JPEGs on Bitcoin represents the epitome of civilizational existential crisis. Inscriptions could destroy Bitcoin; a protocol used to send arbitrary data is a worthless shitcoin. Money is a network; it’s an all or none equation; and if that network is tainted by disagreement on ‘what money is’ then… poof… bye bye hyperbitcoinization.
A protocol should be a-political, plain, and impartial. Only numbers and letters are required. Sentences, short stories, and images are return free risk.
Imprinting personal signatures, memes, pictures, etc on something that was must be unsullied, a-political, and completely neutral destroys the original premise of Bitcoin.
This is the ultimate inflection point in Bitcoin; that is, the live experiment to abstract pure scarcity in the form of digital units and to back the network with proof of work/physical power projection.
A protocol should be a-political, plain, and impartial. Only numbers and letters are required. Sentences, short stories, and images are return free risk.
Imprinting personal signatures, memes, pictures, etc on something that was must be unsullied, a-political, and completely neutral destroys the original premise of Bitcoin.
This is the ultimate inflection point in Bitcoin; that is, the live experiment to abstract pure scarcity in the form of digital units and to back the network with proof of work/physical power projection.