Oddbean new post about | logout
 But it's programmable, so people gonna program. 
 Ordinals are an exploit and should be treated as such. 
 How 'xactly? 
 by exploiting Bitcoin's Segwit and Taproot upgrades in unintended ways. Bitcoin's "utility" is currency and it has performed that "feature" as intended for 14 years. If we want a digital photo album with timestamps we can create a chain for such purpose. 
 What about op_return? And encoding as sha256? 
 Not that i think it's good idea but in the long run they WILL run out of funds. So... 
 Sure, but it's happening and will continue to happen because it's permissionless. If not this it would be something else.