I guess all trading cards are scams? Tell me something, is value subjective? Someone didn't shave to "believe" in ownership of hashes to participate in inscriptions. Maybe they just wanted to see the proof of concept or have something fun to show their buddies to get them interested in Bitcoin.
You critique is coming from a false premise. Value is subjective. I think they have zero value to.
Ordinals aren't trading cards. Value is certainly subjective, speculate over lines and graphs on games and screens all they want. Ownership is what we're talking about. Ordinal theory simply put is an arbitrary ownership scheme, it has little to do with Bitcoin.
Have you considered that they're just retarded? Trying to monetize ownership of arbitrary data burning Bitcoin UTXOs, has happened plenty of times and doesn't go anywhere with or without taproot.
If people are interested in the fun of getting paid for arbitrary data, you're already on nostr 🙂⚡
"Trying to monetize ownership of arbitrary data"
Missed the boat bud. My entire point was that not everyone that makes an ordinal intends on monitizing it.
But you saw right past my point because you're blinded by hatred of something because you have some ill conceived notion that you know for a fact what other people's intentions are. How about just ignore them? They don't effect anything in Bitcoins long term.
so if not to monetize, then they want to create a bunch of dust they can't own.... for?🤣
No hate here, the whole thing is hilarious. the utxo bloat not so much 😮💨 and since can't do much about it other than to make the suggestion to not do such things, can't ignore it entirely.
Forget the ownership thing. Not to monetize not to own. Can you not believe some people just want to try something new and interesting with their sats because they like it?
Again, you think it's bloat. That's your opinion. They're following consensus. They're just as legitimate transactions as any other. I'm sorry you don't like it. I don't like when people gamble, or buy porn, or do any other multitude of things. But that doesn't mean I don't discredit those actions as market activity just because I disagree with them. You can not like something and it be valid financial activity at the same time.
You think they shouldn't be allowed, go run knots, censored them (not very in line with the whole ethos of Bitcoin) or fork off and create better money and let me know how it goes. Otherwise, let the orditards have their fun, let the miners take in a little profit in some hard times and ignore them. They will be gone in a few years and you can be happy again.
Stupid people are free to do stupid things with their money. No one has a problem with that. Im trying to be helpful to point out that it is better to spend money on things one can actually 'own', that's pretty important imo.
Bitcoin is alien for people to understand already, there's a lot to take in, it does good to point out the stupidity of repeated failures to save further wasted effort.
I think it is great that there are people out there willing to do what they can to minimize utxo bloat, even at the cost of forgoing mining revenue. Sats are precious, it shows principles, hopefully such action fires off a light bulb in those who haven't yet established what they want to accomplish.
What is there to stand on when all they have is dust?
