We wait. They will be priced out as the "weight" of their transactions will increase exponentially.

If it costs a "normal" transaction of 1sat/vbite about 1 cent, and an ordinal transaction 20 cents. Then when it goes to 2sat/vbite it will be 2 cents and 40 cents and so on.

Wish I could teleport myself to all the Bitcoin conferences and meetups around the world.

I love hanging out with Bitcoiners 😩🧡

I have never met another bitcoiner in person.

Ever wonder why there will only ever be 2,099,999,997,690,000 sats and not 2,100,000,000,000,000 sats? It's because of the way the halving is executed, using a bitwise shift, and because there aren't sub-sat denominations on-chain.

Looking at how this affects the block rewards, we see there are 11 halvings where the block reward is rounded down to the nearest sat, meaning there are 210,000 * 11 = 2,310,000 sats that will never be mined as a result.

2,100,000,000,000,000

- 2,310,000

–––––––––––––––––––

2,099,999,997,690,000

👀

#[0]

Pura Vida

Bhosdiga btau k

Try finding local meetups. Big conferences are way too expensive if you’re still a low amount Bitcoin pleb like me

Try finding local meetups. Big conferences are way too expensive if you’re still a low amount Bitcoin pleb like me

I’m glad I have you guys on Nostr 💜

Another family night to tell my family their money in the bank isn’t actually theirs 🤝🏼