pam on Nostr: It’s a great video, but it has certain assumptions that take too many shortcuts. If ...

It’s a great video, but it has certain assumptions that take too many shortcuts. If it's with the assumption that thanks to ordinals and their high fees, it prevents gov’ts, well that’s only because high fees prevent easy market entry points, which prevents users - and if no users, no gov’ts. Another assumption was that people are in power to decide whether to receive it or not, and if they chose not to receive it, then the other parties have to do better - which is great theoretically. But in reality, this led to creators building tokens and shitcoins out of bitcoins as a representation of bitcoin to reduce the fees from the aftermath of the previous problems and became their own small little banks defying the overall bankless goal. The moment we start complicating the simple things, it gets messy and it compounds.