“Just when you thought it was safe to go outside and enjoy 1sat/vbyte after the inscription hype died, looks like they're trying to bid up block space with BRC-20 tokens now.
Secure your LN channels now, this "current thing" might get in the way of using BTC as you know and love
It looks like monkey jpeg demand with #inscriptions have died down and the hype has faded as the early adopters found out it might sound cool to own an "#NFT" on bitcoin, but managing it practically was a complete ballache. 
So now they need a new narrative to scam more people into buying useless pieces of meta data added into the bitcoin blockchain, so whats next? #BRC-20 shitcoin tokens, so don't be surprised if you see some doggy token using this standard coming soon with people bidding up block space to trade this nonsense
Source:
note1mxwj9lmnjyc3zr5lckh9x3dttmavdkpcl6y4vg9w3wc94es4wj9s2n9ldt
lol counterparty already did that almost 10 years ago
reply
Yeah, but unlike Counterparty, people actually like Ordinal inscriptions and their community has real excitement. People can try things many times, and you never know which time it will finally catch on, if it ever does.
reply
Counterparty was quite the rage back in the days, it raised more than 100kBTC and had delivered a product while ethereum was still vaporware.
reply