An excellent discussion on the current Ordinals debate, with Ocean's Bitcoin Mechanic & nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z.

https://m.primal.net/HUiK.mov

Full podcast episode available @ https://www.youtube.com/watch?v=zXccoOlmtMY

#bitcoin #ordinals #inscriptions

Reply to this note

Please Login to reply.

Discussion

I'm firmly behind the Ocean Mining perspective on this issue. Seems logical and practical. They're being attacked by many for their opinion.

nostr:note1fmkucx2g65gw2s2l4gz7gtjww72qn38588vkl7y27huz0acukm8syul7cq

Nice clip. The "paying for empty blocks" point is a good counter to the "blocks are a free market and anything goes" argument. Obviously the network has a purpose and it's a problem when that starts to get compromised by always selling to the highest bidder.

Excellent discussion. Perfect money has only one use case: being money. Any additional use case(s) merely weakens the token as money. Ordinals are a bug that can potentially derail bitcoin, so we must take this very seriously. I was orange-pilled in 2020. I salute those who fought the block size war before I even heard of Bitcoin. It’s our turn now to protect bitcoin for those yet to find it.

This was an excellent rip as always; however, this guest has me seriously concerned that Bitcoiners will kill the golden goose.

Pls stop screwing around with our shot at superior money. Forget privacy enhancements or making it faster. We already have that in Lightning & Liquid. Correcting this bug seems very important to me.

I listened to the whole show a few days ago but I don’t remember if nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z asked is it possible for governments to make Ocean force oblige or shut down.

He also joined Simply BTC with nostr:npub1gu47n7fxfm4py48jktmu6tdqcvva4e87fntynuzzf62zxnw2e7tsc6907g and opti where he somewhat answered that question but it was more like an we’ll see when we get there kind of answer.