I personally don't know any Bitcoiners or Crypto Bros who use them. 🀷
If you know of such person, please describe their thinking?
"Bro, this isn't just a monkey picture. It's a 3D gorilla, and it is totally different... because it has an inscription on... not just any blockchain! But in Bitcoin! Dude, this Sat is actually rare now... it's crazy. You can trade it later for up to 10x! Bro, this is like NFT's but so much better. There are so many marketplaces too!"
??
I did the math once for how many Sats will ever exist and my calculator needed a LETTER to explain it. πŸ™ƒ
All sats are rare...but yeah, ordinals...when I see the people punching them and their adversarial attitudes I can't help but assume they're here for the wrong reasons. If it doesn't improve efficiency or security and it's not directly related to the disintermediation of the central banks then what's the point? Even if they were totally harmless, it's still a pointless energy drain.
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Hard to disagree with.
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The clowns faking the transaction volume and the scammers minting them.
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Is kind of obvious that someone is spamming right?
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🀑🀠
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That's what I suspect to, but genuine question: is there evidence that the txn volume isn't organic?
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"I missed out on Bitcoin when it was 1 dollar a coin, I'm not going to miss out on this!"
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lmao
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It was just a hype
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Lol just dudes holding on to a narrative trying to sell you something to get your Bitcoin and sadly someone has to be stuck with the dud, in the end like any other market of a monetary good its losing value in bitcoin terms
While ordinals and shitcoins can increase in fiat terms which is where these people consider the win, getting more fiat, they opportunity cost of lost sats gets wider and wider, its just another test in conviction and a small loud cohort are failing at it
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NFT people
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i'm not enforcing ordinals 'theory', but the idea is that 'some' sats are more rare than others.. like the first new-mined sat of a block.. or the first sat of an epoch (halving) and so on.. you know, humans..
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Yeah. Still though...
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No oneπŸ˜†
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I am not against them or NFT in general but I don't use them.
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Bitcoin doesn’t segregate and has no rulers. All can use it
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All can use it, but nobody does.
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Somebody does. But it is not clear for me who
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(Glances at my flash drive I've had for 10 years) or online drive boxes.
Why the need for space on a public blockchain?
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flash drives don't last for ever. Bitcoin will always exist, so the files you store in there are eternal.
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