Ordinals aren't actually the problem.
VC-backed griftfluencers pumping them unnaturally to exploit ALL other stakeholders for their personal gain...
Is the problem.
Ordinals aren't actually the problem.
VC-backed griftfluencers pumping them unnaturally to exploit ALL other stakeholders for their personal gain...
Is the problem.
Nah they're a problem, there is a bug in the Bitcoin software that allows them
I won't disagree.
But without the VC money, I could probably just ignore them. And the bug.
That's why I want to to see their payday interrupted. BRC-20 exploit is on my Christmas wishlist.
Both of them are problem, different kind of problem🤙
Finally some evidence arises that supports my theory that griftfluencers are paying their VCs on the backend with BRC-20 gains.
Here's what's ACTUALLY getting minted. It's largely not images. It's shitcoins.
Hat tip; Alex Thorn
#m=image%2Fjpeg&dim=1134x641&blurhash=iWSYaMpIy%3FivRiV%40aKo%23aeu4aeVYbbkDkDayaekCpcRPVYbvozofWpayayQ-bbtlf6V%40V%40ogkCaeXSaeaJfkWVkDj%5Baefk&x=02dbe73132961cfec107c81c00c82d84ce438c38338ac1543f6ad4947d997f2d
So much for the "art" use case and Udi's "bringing back the magic into Bitcoin".
They're just minting shitcoins. Same as it ever was.