You cannot transfer arbitrary data
You can pretend, but no one owns it, everyone that runs a full node has a copy of it
You cannot transfer arbitrary data
You can pretend, but no one owns it, everyone that runs a full node has a copy of it
Right. Which is why I never mentioned ownership and only preservation. Anyone that doesn't see why someone would be inclined to do this either 1) doesn't know Bitcoin's history of doing this since the beginning of Bitcoin 2) is blinded by their hate for Shitcoins to try to see and understand people's points on the opposite side of the argument.
The value and is in inscribing itself. That's always been the case. The witness discount & relaxation of 10k script witness size made it cheaper to "inscribe" more data than before. It was always possible.
Ordinals is nonsense. Only people taken in by it are people who weren't around for colored coins.
With Brink funding Fabian Jahr's work on CISA, hopefully we can get rid of the witness discount soon.