Nfts are centralized trash that points to jpegs on web2 servers, ordinals are all on chain and imo will take a lot of market cap away from ETH nfts, lots of people are realizing that they don't actually own their nfts.
Great insight and data regarding #ordinals from Glassnode. I think I'm now firmly in the "this isn't bad and could potentially be good" camp. #btc
https://insights.glassnode.com/ordinal-theory-and-the-rise-of-inscriptions/
Nfts are centralized trash that points to jpegs on web2 servers, ordinals are all on chain and imo will take a lot of market cap away from ETH nfts, lots of people are realizing that they don't actually own their nfts.
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