Smoked a big bowl and I had a thought about Ordinals. They are essentially taking sats out of circulation. The more ordinals there are the less sats should be on the open market. This could have some serious deflationary effects. The prices of everything priced in #bitcoin will collapse. Maybe by over 90%. But thats when they all realize ordinals are dumb and start dumping them to flood the market again inflatimg the prices of everything priced in #bitcoin
Discussion
how are ordinals removing sats from circulation?
Not from actual circulation but the circulation on exchanges. These morons hodl those dumb things. Whatw funny is one day they will be worth a lot but not because of some monkey jpeg
Dude, there’s 2.1 quadrillion sats.
First sentence…. 🫠😂
Will they even be able to move those utxos with these transaction fees? 🤣