A sensible rebuttal to "one giant degen spent $30m on inscriptions".
tldr; it's a bunch of little degens using a paid service to commit/reveal their worthless bullshit
https://nitter.net/mononautical/status/1663383996561072129?s=46
Discussion
It's obvious in hindsight, most inscribers won't do it from the command line using ord. 3rd party service will for a fee 🤑
Oh no, but what about all those inscribooors running nodes and onboarding into bitcoin? Surely our new friends aren't simply inept gamblers thirsting for a new crypto fad?
nowhere to be seen... Just like you said, a new crypto fad. Wish they would build on top of LN, makes no sense to tie those things to the base-chain.