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I think there are fundamentally 2 good technical take-aways.

1. Bitcoin lacks fungibility. 1 sat != 1 sat. There is surveillance and taint and now this.

2. Bitcoin is the most permanent monument upon which to write things, even if it's meant for transactions; it is obviously desirable to put other fancy things on there, like contracts, titles, nfts, etc. if you want to truly depend upon them for real life reasons.

I believe both of these issues are addressed by Roll-ups tech, and I'm hopeful that this Ordinals stuff will push people to accept some soft-forked changes to Bitcoin to enable such a thing.

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Derek Ross 2y ago

To be clear, I'm also 100% for a soft fork that fixes this unintented use case 🤙

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LightningRoulette 2y ago

……and potentially introduces a new issue. Less change = better

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