That third world argument against ordinals is a little bit of a just debate tool.
How exactly holding into cold storage helps Hyperbitcoinization?
How exactly not using your sats on daily basis is contributing to the humanity to adopt Bitcoin in their daily lives?
For a currency to be accepted it needs to be widely adopted and used and have the daily bread priced in sats.
Until then, the adoption is more of the Bitcoin and Lightning Networks as rails, censorship resistant and inflation-free rails. But rails.
This is why stable coins should exist at least for some time.
This means we need stablesats or stable coins on other layer 2 solutions - Liquid or Rootstock or RGB or whatever the market values the most or why not all of them?
I am not an Ordinal guy and I am not sure I like the idea this to happen on main chain. I think this should happen on second layer solutions and I guess it will. But we clearly need some sort of Ordinals experience. Not for jpegs. Jpegs are just the test vehicle that is used to test the technology in non-value dependent way. And it will maybe pass and we will have those on chain for tje lulz.
But think of Promissory Notes, for example, for a uncolaterized loan. If the loan defaults, you can sell those for collection. Or you can have them as portfolio to sell to investors, if you are some local body that is giving unsecured (with chain assets) loans.
And saying loans are not halal to Bitcoin Standard is another privilege. How the coffee farmer can have sats if he lives by loans in the fiat world? Yes, it might be equity bound investment but at the end we need some sort of contracts between individuals that are dealing in value exchange in two separate moments in time.
Thus to me using the “wide adoption” argument, while just stacking in cold storage and monitoring the mempool to try sneak the lowest price to lock it in there, is showing privilege.
The privilege to have the means to stack and monitor the mempool and to have the time to choose when to transact.
