hmichellerose on Nostr: I don’t have a problem with Ordinals, BRC20, etc, I'm just not a fan. If we ...
I don’t have a problem with Ordinals, BRC20, etc, I'm just not a fan.
If we actually believe in permissionless innovation, and I do, then we don’t get to tell other people what to build with Bitcoin. And I see no moral issues with these protocols, I just find them to be short term ideas.
I suspect that 90% of the use cases currently being facilitated by Ordinal theory will wind up on other more efficient protocols. They will just get priced out. As well they should. That’s how Bitcoin works.
Published at
2024-02-16 15:18:39Event JSON
{
"id": "07543a3e4eb099ce84f7dddf9a8713cd8ff165a309a7fad13b8fe84c5741003d",
"pubkey": "5b29255d5eaaaeb577552bf0d11030376f477d19a009c5f5a80ddc73d49359f6",
"created_at": 1708093119,
"kind": 1,
"tags": [],
"content": "I don’t have a problem with Ordinals, BRC20, etc, I'm just not a fan. \n\nIf we actually believe in permissionless innovation, and I do, then we don’t get to tell other people what to build with Bitcoin. And I see no moral issues with these protocols, I just find them to be short term ideas. \n\nI suspect that 90% of the use cases currently being facilitated by Ordinal theory will wind up on other more efficient protocols. They will just get priced out. As well they should. That’s how Bitcoin works.",
"sig": "e9ff6e2f9bc8768f21876d87a135d78b9689915fbb3b296782e5a510edff189b33ec47b391a1dfb0ba80f3a1cbb52bb45252e935e5e009d43991604e86a88057"
}