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21 sats \ 1 reply \ @rtr 21 Apr \ on: Thoughts on ordinals and runes (probably not popular, but thoughts) bitcoin
No, not really. I have a choice if I'll support or even recognize what you're doing. If I don't agree with it, I don't have to deal with it. I'm pretty mum on {ordinals, inscriptions, runes} because I don't really agree with the kind of market that it encourages and the best that I can do is to just ignore and not promote it.
If there's substance to {ordinals, inscriptions, runes} then it will find its market and be sustainable. If not, then it'll just fizzle out and drain liquidity from people who bought into it.
Until I see something coming from {ordinals, inscriptions, runes} that's not: (a) putting images or any kind of arbitrary data in the blockchain, (b) creating an external trading game of "rare" sats, or (c) "minting" new crapcoins to entice the gullible to "invest in their 'Bitcoin-backed' ponzi" then I'm not interested.
I think you're saying exactly what I'm saying, but you might have said it better. I especially like:
If there's substance to {ordinals, inscriptions, runes} then it will find its market and be sustainable. If not, then it'll just fizzle out and drain liquidity from people who bought into it.
and
Until I see something coming from {ordinals, inscriptions, runes} that's not...then I'm not interested.
I guess my hope is that that something might just happen. And if not, that's okay too. I just don't see the silliness as being sustainable long term, think it'll fade eventually, and that something worthwhile may emerge.
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