What is the actual use case for ordinals? Is there one? 🤔
Discussion
Saturation.
I'm thinking adding legal contracts or inheritance paperwork maybe?
I feel what you speak about is a good use case scenario, but what is happening currently is alarming, creating unnecessary high fees.
I’m positive this will make the network robustness accelerate.
Im just speaking from a pleb bitcoiner, in the space for the social values and soundness. Not of any technical background.
Thanks for bringing more clarity, heard about this before, contracts over the network, but when someone gives a direct light,like you did now, sticks better to the understanding. 🙏
⚡️🦍⚡️
I don't know personally I'm just spitballing here. But I'm trying to imagine a world where it's useful and for who and why.
Artificial scarcity
It's has to be a use case for something that should be inscribed thats important and permanent right? Like a constitution or legal framework to adhere by. Not fucking wizards on Ms paint.
Yes that has been happing on Bitcoin’s blockchain for a long time
The thing here is, who determines the order of ordinals and what inscription they’re assigned to? Something external to Bitcoin. I can create my very own version of something similar to this with a completely different order and scarcity.
That’s the articial/subjective part.
But we’ll see what comes out of this.
Scamming ignorant plebs of their money.
Getting users to pay for block space on the promise of profit.
I think making public contracts ir encrypted private ones would mayby be good use case, but not with ordinals. And before that we should figure money part first, make bitcoin global and really see how it scale, fix what ever comes by then. After that mayby something like ordinals.
Currently theres just abstact ruling thats forced by nothing, so nothing there is set in the stone.
And its BIG mayby. Like bitcoin is protecting my right to property and they just cant do nothing about it, not even by force if i choose so.
But ordinals cant protect my freedom of movement, freedom of speech... Nothing. They still can take this away from me by force.