Zapped ⚡️
Really interesting. I didn’t understand the friction to do these inscriptions. I also understood Casey’s point … while higher fees for $$transactions … ultimately way lower than an inscription data trx.
Game theory thought experiment:
1. NFT holders know ETH could be regulated away … move your stuff and fast. This could take everything but BTC to zero faster and then regulations are the final blow.
2. Lightning activity/build increased
3. For years the meme was “I Transacted w/ BTC on the main chain” could come faster … but for these “meaningful” big financial trxs, we’ll still use, and fees will be still be extremely low compared to any legacy system.
4. Gets interesting when UI for composing/ buy/sell/seeing what sats you have becomes seamless
Thanks for the episode 🤙