I still don't like Ordinals, Inscriptions, or Stamps. And the neat part? I don't have to like it! No one has to like it! No one can tell you how to use #Bitcoin or what #Bitcoin means to you. Bitcoin is that resilient. 🫂
Discussion
Wait, wtf is a stamp? Like Peter Todd's timestamps?
It's essentially a new type of Ordinal that's hidden in a UTXO whereas Inscriptions use witness signature data. So, Stamps are much smaller, but cannot be pruned away.
Not everything that happens to bitcoin is good for bitcoin. Sometimes things are just slightly, annoyingly crappy for bitcoin, and create friction for its advocacy.
Thanks for this!
Ok. For me. No unfair advantage to buying data storage.
This is the way! I don't care who or what does with Bitcoin. The beauty of it is that I can freely decide what Bitcoin is for me and what I do or don't do with Bitcoin
We'll be alright. Noted awhile back 👇
surely second-layer innovation comes into play here
Do tell plebs not get into shitcoins ?
Do not get into Shitcoins. They're bad for you. Bitcoin only.
Serious question if you had a stack of let’s say eth and it’s at a gain so if you sell by law you should have to pay taxes, would you just hold that eth or swap for btc thus creating a taxable event?
Hmm. I guess it depends on how much of a tax event we're talking, if it's short term or long term gains, and the total amount. You could sell the ETH, figure out the taxes, save the fiat amount needed to cover the taxes, and use the rest to buy Bitcoin.
Solid advice
I'd just pay the tax. BTC will gain in fiat terms and make up whatever you paid In taxes.
But what if I want to?! Do I need your permission?
Exactly!!!
Barnacles on a whale,
Graffiti on the Colosseum
It's your money! You can do as you please. Want to set it on fire ?🔥 great go ahead. Want to hodl it? ok 👍 good. Want to spend it? Knock yourself out.
It is YOUR money.
same 🤙🏻
Fix the money, fix the world. That’s the mission. People can play with monkey jpgs if they want, but it’s sad. It says a lot about people and their capacity to understand how fiat is destroying everything that makes us human.
Agree with you completely.
How did hackers in the past learn about the systems they played with unless they were free to try new things and explore them at their limits, or for things the systems were not designed for?
The market's price was paid to have it included in the chain too. The fact that it exists seems to satisfy the requirements to have it included.
We don't have to like it, but it's is a part of bitcoin's history now. Celebrate it for its ingenuity, if nothing else, or whatever positive quality you can see. We are better than focusing solely on the negative traits.
Without a doubt, it is a great reason to have him in our life, Freedom!