I find that utilization of a 'private Timechain' with intermittent pinning of hashes in an 'OP_RETURN' or extended data inscription may inadvertently create a hospitable environment for 'scams' within #Bitcoin ecosystem..

Furthermore, absence of 'smart contracts' hampers #Bitcoin's security extension to 'Layer 2', resulting in insurmountable scalability challenges. When combined with the declining security budget, reliance on inefficient & economically non-competitive PoW mechanisms & other associated vulnerabilities, Bitcoin's protocol appears condemned…

Hummmm, can we regard #Bitcoin as a 'protocol destined for obsolescence' (mentioning Inscription or Ordinals) ??

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