Great FAQ’s to clear up the topic!
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53 sats \ 0 replies \ @badabing 25 Jan 2024
Full of drivel though. Inscriptions are not "attached" to individual sats. They are embedded in a tx and that's it. Ordinals is nothing but a game of pretend, clogging the mempool and pushing spam onto every single node.
The below article is much more accurate.
https://medium.com/@southern_hands/ordinals-are-fiat-and-inscriptions-arent-rare-f1681b60facc
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3 sats \ 2 replies \ @ZezzebbulTheMysterious 25 Jan 2024
Barbarian rantings. The Bitcoiner is strongly advised to avoid anything to do with this vandalism.
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0 sats \ 1 reply \ @BitcoinIsTheFuture OP 25 Jan 2024
Ha I like that perspective, but remember vandalism is against the law, ordinals are not. Personally I don’t like them, but Bitcoin is about freedom and allowing the open market to determine value. This is not a platform to censor others. That is the platform Bitcoin is an alternative to and our primary use case.
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0 sats \ 0 replies \ @ZezzebbulTheMysterious 25 Jan 2024
The paradox of tolerance:
"if societies practice of tolerance is inclusive of the intolerant, intolerance will ultimately dominate, eliminating the tolerant and the practice of tolerance with them."
If we tolerate folks confirming non-monetary data on chain, there is no more room for the monetary cases. The inscription spammers want to block monetary use cases for Bitcoin. They want to implement ponzinomics via tx burns.
If we tolerate this intolerance from their side, they will be the only ones left.
The only reasonable direction for both parties in which both win is a friendly ordichain fork.
This is not about censorship -- that is for governments. This is about spam, which must be dealt with, or else there is nothing but spam.
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0 sats \ 0 replies \ @Anonymous_Hodler 25 Jan 2024
Very interesting article, thank you for sharing @BitcoinIsTheFuture
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