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1443 sats \ 1 reply \ @ek 2 Jan freebie \ on: Have You Ever Bought an Inscription/BRC20? bitcoin
I think this is indeed a great post from @udiWertheimer since he is not wrong.
Reading the comments here and here just further confirms that most can't be bothered to understand Ordinals/inscriptions/BRC20s but still have strong opinions about them and hate them, I would say. Some even mentioned that they didn't even read the tweet. That's how spot on @udiWertheimer is about some bitcoiners.
At least I must admit that I don't understand Ordinals/inscriptions/BRC20s on a technical level. So I definitely shouldn't put strong opinions of them out there (which I think I didn't).
Essentially, he explains how systems are usually exploited. Something was found that wasn't found before by a black hat and it got exploited. Now we should do the same with them and their stuff. We need to understand these people (recon) and then use this information against them (like social engineering). Same for what's happening onchain. We need more people like @supertestnet, Breaker of JPEGs. The chance that we can do something about it effectively (without digging our own grave) increases when more people understand this stuff on a technical level.
This should be obvious but unfortunately, this doesn't seem to be the case.
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0 sats \ 0 replies \ @ek 2 Jan freebie
Just realized I didn't answer any of these questions, lol:
What I’d love to hear is answers to the following two questions:
  • have you ever bought an inscription/BRC20 token?
No, never but I might now to test things out if it doesn't cost too much.
  • are you optimistic or pessimistic about the effects these ideas will have on Bitcoin?
Slightly optimistic but I don't think my opinion is worth much. Need to do more own research.
However, keep in mind that "optimistic" does not mean for me that I think this @udiWertheimer stuff will survive. I am optimistic since this is another chance for bitcoin to proof its resilience. Imo, part of the game theory of bitcoin is that bitcoin must be antifragile else it will most likely fail.