Replying to Avatar Pattern

The question of inscriptions, apart from the discussion that's been going on has one aspect that from my point of view is the most concerning, and is the Bitcoin fungibility.

I've seen in a place called Scarce City an on going auction where one inscription of the picture of a rock reach a bid of 1 Btc which from one point of view was hilarious, but at the same time very concerning.

If one sat has different market value of one sat it's clearly an attack on fungibility.

If fungibility is questioned for this kind of reasons jeopardize Bitcoin as a superior form of money.

I would really like to read your thoughts regarding this matter.

Avatar
Pattern 2y ago

Still didn't get any remarkable thought about this, and would love to read them, I think is a legitimate concern

Reply to this note

Please Login to reply.

Discussion

No replies yet.