https://www.whatbitcoindid.com/podcast/the-bullish-case-for-ordinals
I definitely don't agree with petermccormack (npub1pre…eujk) on everything, but he did a great job in this interview of explaining what is also my position on ordinals/inscriptions: I just don't care. No, they aren't an attack on #Bitcoin (because the transactions follow the consensus rules), and it'd be impossible to block them anyway (at best you could make it harder or more expensive). Neither are they a good, useful technology, so I won't be putting my time or money into them.
I understand Rizzo's argument that this will make it even more obvious that there is zero need for other craptocurrencies on other blockchains, but I still don't care. We are headed in that direction long-term anyway, so I'd rather focus on building for use-cases that are actually useful and productive (like stablecoins and privacy tech), rather than helping speculators (if not outright scammers).
1 sat is 1 sat, anyone who says otherwise can HFSP. I'm here because our money is broken. Anything else is a distraction. Fix the money, fix the world.
ImmutableManty /
npub16h…2jpsu
2024-01-28 07:42:02
Author Public Key
npub16hnr97hysrldu07jm6q0uduqj3c8p5sxqkt4c0muu8mjg0k5acasf2jpsuPublished at
2024-01-28 07:42:02Event JSON
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"content": "https://www.whatbitcoindid.com/podcast/the-bullish-case-for-ordinals\n\nI definitely don't agree with nostr:npub1preu2djgj2ua47l277myu8ak30v95m6ar59n6k23tyu3ylkv53sskpeujk on everything, but he did a great job in this interview of explaining what is also my position on ordinals/inscriptions: I just don't care. No, they aren't an attack on #Bitcoin (because the transactions follow the consensus rules), and it'd be impossible to block them anyway (at best you could make it harder or more expensive). Neither are they a good, useful technology, so I won't be putting my time or money into them.\n\nI understand Rizzo's argument that this will make it even more obvious that there is zero need for other craptocurrencies on other blockchains, but I still don't care. We are headed in that direction long-term anyway, so I'd rather focus on building for use-cases that are actually useful and productive (like stablecoins and privacy tech), rather than helping speculators (if not outright scammers).\n\n1 sat is 1 sat, anyone who says otherwise can HFSP. I'm here because our money is broken. Anything else is a distraction. Fix the money, fix the world.",
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