Think in a longer term and the discussion about that will disappear.
The ordinals people have their fun now.
Good thing is that they have to pay the fee in Bitcoin and not FIAT and that pushes the BTC price up because its a use case for some. And because Bitcoin supply is limited and with rising Bitcoin price, the ordinals thing gets more and more expensive until a point when even for the ordinals peoples it gets too expensive. So it will stop. Sooner than later.
Another pro is that this paid Bitcoin Fee can get redistributed among other people as the miners have to sell them in the market to pay their business. So BTC hasca chance to move from "stupid" to "smart" people.
And its definitely economically not smart to pay for ordinals that does not give you some kind of real value back like buying food, house or a vehicle to use for your work or whatever.
Look at NFTs, they got rekked. And just because you put shit on Bitcoin, does not mean that this shit becomes something better. Its still shit. At some point the shit will get flushed down the toilet by the market.
Bitcoin will regulate the use of the block space in the most efficient way by itself in the long run.
So don't worry and
Stay Humble & Stack Sats
snooz / SnOoZ
npub1ngw…30a8
2023-12-09 10:02:15
in reply to nevent1q…3625
Author Public Key
npub1ngwrtrugua5nxjxrzxvxkvs58p49l2g75j4luurduvj5xhzjgx6s2l30a8Published at
2023-12-09 10:02:15Event JSON
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"content": "Think in a longer term and the discussion about that will disappear.\n\nThe ordinals people have their fun now. \nGood thing is that they have to pay the fee in Bitcoin and not FIAT and that pushes the BTC price up because its a use case for some. And because Bitcoin supply is limited and with rising Bitcoin price, the ordinals thing gets more and more expensive until a point when even for the ordinals peoples it gets too expensive. So it will stop. Sooner than later.\n\nAnother pro is that this paid Bitcoin Fee can get redistributed among other people as the miners have to sell them in the market to pay their business. So BTC hasca chance to move from \"stupid\" to \"smart\" people. \n\nAnd its definitely economically not smart to pay for ordinals that does not give you some kind of real value back like buying food, house or a vehicle to use for your work or whatever.\n\nLook at NFTs, they got rekked. And just because you put shit on Bitcoin, does not mean that this shit becomes something better. Its still shit. At some point the shit will get flushed down the toilet by the market.\n\nBitcoin will regulate the use of the block space in the most efficient way by itself in the long run.\n\nSo don't worry and\nStay Humble \u0026 Stack Sats",
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