I agree with most of this, but also think all parties are missing the main fail of inscriptions. It's simple: the art is bad.
Ordinals/Inscriptions had an opportunity to give bitcoin an aesthetic that was its own and lived up to its unique spirit. Instead we got art copy pasted from ethereum, and a whole set of derived aesthetics. Yea degens gonna degen. But if inscriptions had been the vehicle for a new wave of digital art (perhaps borne of the values Rodarmor professes), the debate would have been very different imo.
inb4 "but art is subjective" : sure, but copying aesthetics from the eth NFT crowd isn't even subjective, it's lazy and derivative.
Digital art has a bright future ahead of it, but I haven't seen anything interesting come out of inscriptions. Where the digital artists at, for real?
My man. 95% is shitcoin minting, it's not even jpegs. Bitcoin has become a shitcoin scamcasino.
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If Casey is right, once financial transactions are competitive with inscriptions, art quality should improve.
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