quoting note1lam…xad3Random thoughts.
Ordinals aren't going away. There is a use case.
Real estate deeds written to the blockchain.
Perhaps a second layer, similar to lightning?
Personally I despise the cheap images of monkey butts JPGs. But understand, these defiled Satoshis will hold value. Not for us in our time, in our Maxi perspective, but farther out... Decades out.
And with this the final nail goes into the coffins of shit coins like Algorand and Cardano. Softwar by Jason Lowery connected the last dot on BTC Dominance for me.
I feel dumb for not getting there on my own. I have said forever that what backs bitcoin is security. DUH! Once you understand that security is the point, security of money, security of data, there is no difference. Data is money and money is data. Matter is energy and energy is matter. (hold up, some of y'all ain't ready for that yet 😀 )
Anyway if you look at the entire "crypto" space though a lens of security, #bitcoin is the only thing left standing. When you want security, do you want okay security, decent security, half ass security?
No you want the best.
The only reason people settle for second best in security is lack of access or the cost. Well security via Bitcoin is open to all and it is CHEAP, because you pay for it only when you secure something one time, then you never pay again unless you transfer ownership of it.
So if you are going to secure a land title, a deed, a car title, a contract, your will, your personal data, corporate data, etc. why would you use any security other than the BEST security you can get.
And nothing man has ever built is more secure than Bitcoin because it imposes a physical cost in the virtual world. When you view it this way, the entire "slow" and scaling problem goes away. They are not flaws in bitcoin they are features.
The slow and hard parts of the blockchain make trying to hack the network so costly that you just can't afford to attack it. It is like a shied that makes you impossible to harm but the harder an enemy hits you the more they hurt themselves.
POS networks can't do this, any POW network that isn't bitcoin simply isn't as secure. There is no place for 2nd place. The highest hash rate other than BTC is LTC. LTC has a hash rate of 770 TH/s, BTC's hash rate is 345 EH/s.
The magnitude is such that to quote Ricky Bobbie, "If you're not first you're last".