rfc1507 on Nostr: Maybe I am missing something here, but I don’t seen the point in #ordinals on the ...
Maybe I am missing something here, but I don’t seen the point in #ordinals on the #bitcoin chain.
1st, It’s trying to give more value to sats than what they are actually worth… which is odd to me. Are people just trying to make a quick buck here?
2nd, It’s taking up space that could rather be used by legitimate transactions. (maybe there is a general benifit for increasing network usage, but I get the feeling it’s not a great balance).
3rd, I think it makes Bitcoin look like other crappy web3 chains with magic NFTs that are suddenly worth massive amounts of money. That’s not what Bitcoin is. Bitcoin is more than that.
Bitcoin is not designed nor intended for ordinals, and I don’t think that it should be.
That’s my 2 cents.
Please feel free to comment if you disagree. I always look for different views. Perhaps there are additional benefits that I don’t yet see.
1st, It’s trying to give more value to sats than what they are actually worth… which is odd to me. Are people just trying to make a quick buck here?
2nd, It’s taking up space that could rather be used by legitimate transactions. (maybe there is a general benifit for increasing network usage, but I get the feeling it’s not a great balance).
3rd, I think it makes Bitcoin look like other crappy web3 chains with magic NFTs that are suddenly worth massive amounts of money. That’s not what Bitcoin is. Bitcoin is more than that.
Bitcoin is not designed nor intended for ordinals, and I don’t think that it should be.
That’s my 2 cents.
Please feel free to comment if you disagree. I always look for different views. Perhaps there are additional benefits that I don’t yet see.