Casey made a good point on Odellâs pod that people that hate inscriptions should just work on lighting. Is a payments network running at Visa and MasterCard volumes going to be able to outbid random artists and single users for block space? Yeah, really easily. So go make that happen!
Why? Genuinely interested, Iâm not âin toâ NFTs but also find inscriptions pretty nonconcerning, and have some potential to be used for really cool or worthy things
Bit of a philosophical question as to what âcountsâ as a full node, my feeling is generally a full node doesnât prune and retains everything. Though yes you can avoid storing some of this stuff, but most nodes are going to have it.
The objectionable content is more of a concern for non-Americans that donât have the benefit of a 1st amendment, and may live somewhere with shitty speech laws.
(Side note: my definition would be any node from which a new node can complete a full sync from scratch is a âfull nodeâ)
Think worries that Ordinal theory is a threat to fungibility are FUD - if just the suggestion of a scheme to ID sats that doesnât require any code at all threatens fungibility, then fungibility didnât really exist.
Existing monies like fiat and gold both have similar things, where an aureus will be worth a lot more than its gold weight because it is an aureus and those are rare and cool; and a 1900 dollar bill is worth more than a dollar for similar reasons. But a pawn shop and a hairdresser can still treat them as just bullion and just a dollar. Most sats are boring under ord theory in the same way a 2021 pound coin is boring.
Ordinals - just an arbitrary scheme for agreeing on a number for each sat. Bitcoin equivalent of collecting coins or banknotes that have some significance to you, really nothing at all here for people to get upset about. Ignore if you want to, have fun with it if you want to.
Inscriptions - different thing, but *use* ordinal theory to agree on who now owns an inscribed sat if you transfer it. Inscriptions IMHO are genius and cool, and good for Bitcoin. For people that are angry, the original sins were agreeing segwit discount and taproot without fully understanding the repercussions. Max block size is 4MB, deal with it, that argument is over. Also LMAO Bitcoin accidentally has better NFTs than all the Shitcoins *and* now shitcoiners are running Bitcoin nodes. Consensus rules are the rules, not what people âwantâ Bitcoin to be used for. This is good for Bitcoin.
Caseyâs chat with Odel on Citadel Dispatch was good, important points around how Inscriptions now entangle Bitcoin with 1st Amendment free speech because inscriptions are clearly speech not money. Also potentially help with future security budget concerns and ensuring we have a healthy fee market into the future (but also inscription hype could just die out)
If you can import the multsig wallet into another client like Sparrow you can sign in the Coldcard using a SD card instead of NFC, so funds shouldnât be stuck. Sparrow wonât need to have any of the keys imported or whatever IIRC
Very strongly recommend using Coldcardâs Seed XOR to split and back up the seed as multiple parts that can then be physically separated and hidden: https://seedxor.com/
Nostr supports likes, or at least Damus does, but not all clients have/will implement them