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Frogfren17 ⚡️🐸 bitcoin liberation 2y ago

your thoughts?

#btc

#bitcoin

NEW: 🟠 Director of Research at Blockstream thinks there's nothing that can be done against the existence of Bitcoin Ordinals 🤔

"As near as I can tell there is no sensible way to prevent people from storing arbitrary data in witnesses without incentivizing even worse behaviour and/or breaking legitimate use cases."

HT

- Andrew Poelstra

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Fiat Shenanigans 🤡🌎 2y ago

I'm still ambivalent about ordinals.

They're mostly a waste of block space, but have legitimate use cases as well.

The childish behavior of putting silly JPEGs on the blockchain will mostly get priced out or otherwise exhausted.

The scammy BRC-20 token nonsense is just getting started and will come in waves. Eventually the people dumb enough to fall victim to these pump and dump scams will all have been scammed and everyone else will be as wise to it as we are to the Nigerian prince email scam.

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