Andrej

Ordinals or BRC20
It doesn't matter who are what is using the Bitcoin to transact.
In large adoption fees will be high and go to the highest bidder.
People can still do the same thing as today but cost of fee structure will be higher.
This will stick if the market buys it or go away if it rejects it.

2023-05-07 18:19:22

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Satoshis original message of the chancellor was essentially an ordinal.
The entire block is the canvas. Who is willing to pay the most to put their work their will get access to it.
This ordinals fad will pass.

2023-05-07 15:43:01

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Mempool was clear last week mining half full blocks.
If you just take a practical approach at this and say there is roughly a 1 to 1.5 BTC fee each block.
We have over $4,000,000 spam fee daily and over a month it's at a low end of $120,000,000.
This will clear like it has in the past. However, like we have seen we will always have these transitions.

2023-05-05 21:15:58

Bitcoin fees are high but have you accepted a Venmo transaction where they take even more of a cut and it's not final settlement.

2023-05-05 21:14:15

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Everything on there is delicious but I would struggle to not eat any fish or meat.

2023-04-20 01:47:16

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Communism is at its core evil.
In a world of finite resources a large enough group has been able to be convinced that everyone can be the same.
Communism simply takes from productive humans and redistributes to the undeserving. In the process it destroys productivity and incentives.

2023-04-19 04:38:50

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You are correct and if you do provide something of mass value on something like lightning you will eventually settle those transactions on Bitcoin for bitcoin.
The layers will always provide tradeoffs. They will give users an opportunity for innovation for trade-offs.

2023-04-19 04:32:33

There is a cost associated with using Bitcoin to do things in general.
If a jpeg is important you then you have that freedom but in general for everyday use it's not efficient and comes at a great cost for most people.
So, spamming can be done but with a cost that will dwindle with time due to the cost not being worth it.

2023-04-13 04:30:48

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EVs are not priced for the average person and the subsidized market increases the prices to adjust for the credit.

2023-04-11 03:56:56

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I have 3 sats left in blue wallet. I moved 47 testing but can’t get the last 3.

2023-04-11 02:35:15

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He was holding GBTC and sold very low if I recall.
He’s picking fights with a nice few for some reason.

2023-04-11 01:34:53

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My WoS on iOS just stays loading and never loads up. I've tried everything to get it going but no luck. Any tips

2023-04-11 01:33:50

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Failed payment

2023-04-10 04:33:01

What's the best book to read in terms of quitting drinking?
It's been something I've done socially for a long time but I feel like a chapter of my life has come and it's time to move past it.
I have enjoyed it but since I've had a child I want to utilize all my energy positively.

2023-04-10 03:01:36

Nostr is something that can really be special moving forward.
However, it's highly important to not lose your private key.
Even worse to potentially have it taken.

2023-04-09 20:38:12

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Yeah but it may bring for awkward moments of scrolling around in public.
Just go into your settings.