The VC ordinal grifters exploit numerous groups:

-investors that think this has legs.

-artists, such that would find a way to profit, I suspect most of these jpeg mills are AI generated.

-retail investors, aside from the wash-traders

-developers that now have an uphill battle getting BIPs adopted because we've seen what "unintended consequences" looks like.

-technology enthusiasts, see above.

-third world users, paying unnecessarily high fees.

-I'm sure there are other exploited stakeholders I'm forgetting.

Shitcoinery of the highest magnitude.

With an affinity scam because "it's on Bitcoin."