#Bitcoin Ordinals may be dumb, but I don’t think can be classified as a “scam” (for most of them at least). People knowingly choosing to gamble isn’t fraud so long as they are not being lied to.
Scams involve defrauding someone - “the intentional use of deceit, a trick or some dishonest means to deprive another of his/her/its money, property or a legal right.” - Law.com
On the flip side, nothing wrong with being against them / calling them dumb. A free market doesn’t mean you need to be in favor of market activity and can’t call it out as dumb. There is a ton of activity in a free market that is worth calling out. In fact, speaking out against things is a critically important in a well functioning free market.
bitcoinrothbard / Bitcoin Rothbard
npub12x…c0s2g
2024-01-31 13:59:58
Author Public Key
npub12xycvg8gahx3reqnj0fy052k3445wds6u4k66v2awnx7sgj7pl5s9c0s2gPublished at
2024-01-31 13:59:58Event JSON
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"content": "#Bitcoin Ordinals may be dumb, but I don’t think can be classified as a “scam” (for most of them at least). People knowingly choosing to gamble isn’t fraud so long as they are not being lied to. \n\nScams involve defrauding someone - “the intentional use of deceit, a trick or some dishonest means to deprive another of his/her/its money, property or a legal right.” - Law.com\n\nOn the flip side, nothing wrong with being against them / calling them dumb. A free market doesn’t mean you need to be in favor of market activity and can’t call it out as dumb. There is a ton of activity in a free market that is worth calling out. In fact, speaking out against things is a critically important in a well functioning free market.",
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