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Prof Naseem Naqvi MBE
30109becb203f3a9b14310d7a5cf31f8d1a5bd34258c0bd6c0c7286d5a675ec3
📍Founder & President of The British Blockchain Association. 📍First person in the World to be awarded UK National Honour for outstanding services in the field of Blockchain. 📍Editor in Chief, The JBBA. 📍Author of the UK's National Blockchain Roadmap. https://britishblockchainassociation.org

🚨 Bitcoin is much more than just a peer-to-peer electronic cash system.

⛓️‍💥 Ordinals have quietly turned Bitcoin into a data + token layer Blockchain.

💥📣 NEW JBBA RESEARCH ALERT:

✅ Bitcoin is more than money:

Ordinals inscriptions let users store text, images, code and tokens directly on the base layer – not just move BTC around.

✅ 1 in 3 transactions are inscriptions:

Inscriptions now account for about a third of all Bitcoin transactions. Crucially, “normal” payments didn’t collapse – they stayed broadly stable while total on-chain activity grew.

✅ BRC-20 has taken over:

Roughly 4 out of 5 inscriptions are BRC-20-style fungible tokens, with text and images making up most of the rest.

✅ Ordinals are driving Taproot adoption:

There’s a tight link between inscription activity and Taproot usage – suggesting Ordinals are one of the main real-world drivers of this upgrade.

✅ Blockspace is busier than ever:

Inscriptions used around a quarter of total blockspace in the sample and contributed to the longest sustained period of “full blocks” in Bitcoin’s history, pushing average block size up by almost 50% vs. the pre-Ordinals era.

✅ Fees and miner revenue are up:

Even though inscriptions pay slightly lower fees per byte on average, they still contributed about a fifth of all fees – and their demand for blockspace pushed fees for “normal” transactions higher too. That matters for Bitcoin’s long-term security budget.

✅ It’s not just about the BTC price:

Short-term price moves explain little of inscription activity. Waves of new inscriptions line up more with technical innovation (e.g. BRC-20) than with classic bull/bear cycles.

🚀 This ground-breaking research from Alexander Wiedenmann and Andre Guettler of Ulm University and IWH – Halle Institute for Economic Research – Member of the Leibniz Association explores Bitcoin’s Ordinals and Inscriptions, and BTC's evolving Network state.

📖 Full paper has been published Open Access in The Journal of the British Blockchain Association (#JBBA):

🔗 Read the paper here:

https://jbba.scholasticahq.com/article/153840-bitcoin-ordinals-and-inscriptions-an-analysis-of-bitcoin-s-evolving-network-dynamics

✅ Indexed in DOAJ and Web of Science | Read by >2.7 million readers monthly:

https://doaj.org/article/a86a6331d8e84f3a94bfcd88727fec9b

This paper will be featured in the April 2026 print Issue of The JBBA.

JBBA Editor in Chief:

Prof. Dr nostr:nprofile1qqsrqyymajeq8uafk9p3p4a9eucl35d9h56ztrqt6mqvw2rdtfn4ascpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzxrhwden5te0d35kw6r5de5kuemjv4kxz7fwvdhk60fvfsn MBE FBBA

#Bitcoin #Blockchain #Network

American Blockchain Act of 2025 will see the U.S investing $59 million over the next 5 years.

China, on the other hand, is investing $54 billion towards its National Blockchain Roadmap, placing DLT at the core of its National Data Strategy.

Some of my key takeaways from London Blockchain Conference, where I delivered a keynote speech.

nostr:nprofile1qqstag9yjw2yhnkzhadwr2en7pcr6a79de5pdx6ye4ewzehp547hj8qpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnszrthwden5te0dehhxtnvdakqn5hvch #Blockchain #NBR #Roadmap

https://blossom.primal.net/7b41b5b3d1e0864eb4a8dff63fe10dc1e9b3caa0fbce9cfe4fb2ccd63018527c.mov

I was in Dubai recently where I met some government officials, C-suite execs, and several Web3 start-ups.

It’s not by luck or by chance that some jurisdictions are excelling in blockchain.

From evidence to impact, they are following 5 essential steps to build a world-class digital economy:

#Blockchain #bitcoin #Web3 #Dubai #UK

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https://blossom.primal.net/14730c01ed7743ca0e68f8dc8f0478d9286112819d23877b4ac925c6d0bff196.mov

🌐 Stablecoins will be a game-changer for the Commonwealth.

The Commonwealth represents around one-third of the world’s population – roughly 2.7 billion people.

🌏 From remittances and trade to cross-border payments and SME financing, the potential for stablecoin-driven transformation is enormous.

🚨 60% of Commonwealth citizens are under 30: A mobile-native, digital-first generation, that will not wait for legacy systems to catch up.

In my recent contribution to the Commonwealth Enterprise and Investment Council (CWEIC) Stablecoin Roundtable, I shared why:

✅ Stablecoins can dramatically reduce remittance costs across "Commonwealth corridors"

✅ Programmable money can improve transparency and compliance for governments and institutions

✅ Thoughtful, evidence-based regulation is essential to balance innovation and stability

✅ The Commonwealth can become a global testbed for scalable, inclusive digital finance

🎥 Watch the video for my key takeaways and proposals for a smarter, evidence-based stablecoin strategy across the Commonwealth.

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#Stablecoins #Commonwealth #Blockchain #DigitalAssets

https://blossom.primal.net/1a115f32cf587f24a1d5641b61c9de7432d0b78066553fe388b4b40e9ddac860.mov

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Over 43 million public keys have now been generated on Nostr — an incredible milestone for such a young protocol.

For perspective: Twitter took ~5 years to reach 43 million accounts.

The pace of adoption here is next level.

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#Nostr #Decentralisation #Web3 #SocialMedia #Adoption #Bitcoin

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Just published an essay on Nostr:

https://primal.net/Naseem/human-centric-blockchain-policies-in-the-age-of-ai

nostr:nprofile1qqs9xtvrphl7p8qnua0gk9zusft33lqjkqqr7cwkr6g8wusu0lle8jcpr9mhxue69uhkummnw3exx6r9vd4jumt99aex2mrp0yq3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5k4svkc nostr:nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgspz3mhxue69uhhyetvv9ujuerpd46hxtnfduqnxamnwvaz7tmwwa3juurjd9kkzmpwdejhgtmp09mx5mr9d9kx67psv9krw63jwpchgv35w9jkgvt6xasnsucmags4j #Nostr #AI #Blockchain #Web3 #Bitcoin

Real progress requires meaningful conversations.

Stakeholders working together to co-create a better future for all.

We can get this right. For everyone.

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#Blockchain #UK #Crypto #DigitalAssets #Leadership #APPG #BBA #Policy #Regulation #bitcoin #nostr

Quantum computing is a far bigger threat to #TradFi and the #Banking system than Bitcoin or Ethereum.

It will impact traditional financial infrastructures much harder and much sooner than public blockchains.

#bitcoin #TradFi #Blockchain #Quantum #PostQuantum #Banking #Nostr

Published my first long-form article on Nostr (via nostr:nprofile1qqs9xtvrphl7p8qnua0gk9zusft33lqjkqqr7cwkr6g8wusu0lle8jcprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgwqmrdq Read).

Pretty good.

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