Nostr

maybe this is a hot take but i think it would be a worse look for bitcoin magazine to demonize inscriptions and not engage with it.

inscriptions follow consensus rules and are a part of bitcoin and the culture (like it or not), which is what the magazine reports on.

taking a hard stance against something that is intrinsic to the protocol would be weirdly biased and authoritarian coming from a magazine whose mandate is to report on bitcoin and anything related to it.

i’m sure they’d platform opposing views on inscriptions if anyone wanted to offer a compelling and objective argument, but it seems like most people just want to screech and complain.

danny 2y ago

I have to admit I don’t enough on the technical side to understand it’s impact (I’m sure someone can ELI5 to me!) but from a use case, it’s just a rich kid clique like the wizard crap.

BTC Mag should definitely report and if they can make money from this that they invest in the business to continue to support adoption: that’s a win?

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Discussion

B.O.P 2y ago

But at what cost?

An ordinal is 1 sat with this picture on it. They are selling this 1 sat for 1 BTC+ and normalizing this behavior

danny 2y ago

It’s a good point, I don’t know. But who are the people buying these? People with more money the sense. You don’t casually drop 30k on a picture if you’re hard up. Rich kid clique.