Oddbean new post about | logout
 packed room for ordinals workshop at bitcoin park with rodarmor leading the session 🤙 
 Ordinal viewing in bitcoin core when 
 What do you think about ordinals? 
 Don’t really understand how they work, think historically NFTs have mostly been scams, assumption should have been that blocks would always be full regardless. 
 People using witness space to store jpegs and arbitrary data in taproot inputs and pushing some blocks to 4MB and increasing the mempool with the trash.
essentially nfts (^ inscriptions), on-chain, tied to a sat numbering/tracking arbitrary system (ordinals).
and of course paying 1/4 the fee since witness is 0.25vb per 1b 
 I watched an earlier video workshop of his and I get the theory at least. What concerns me is that like gold and other commodities, they aren’t supposed to be serialized as they are 100% fungible. Once we serialize every single Sat, can you imagine when govts start to censor transactions because maybe you have a single Sat that was marked as stolen or scammed at one point in its history? There technically isn’t any token on the Bitcoin network, it’s all UTXOs. I like the technology, but don’t think this is where/how it should be used. Give us a follow up afterwards. 
 Casey seems like really cool guy. Only recently discovered him, but seems pretty based. 
 You should get him to come to Nostr 
 It's funny to see how many people love Saylor aka "bitcoin is property", but hate it when that property is a jpeg.  
 A star's fire can start a prairie fire🤙 
 Novelty, people trying to understand it. Let's see if they have staying power. Mining insentives could keep driving it. 
 i'd be curious on opinion on Inscription impact on Stacks (STX). i feel that it's stealing their main business model and _raison d'être_ 
 I love it when you make "maxis" screech and cry, never change. 
 @#[2] 
 😎 
 Following this whole comment thread, because this debate and these debaters matter. 
 My 2 sats #[5] 
 Yeah I still don’t get their purpose. I might need a course or something. 
 The purpose is to scam and sell sat for BTC! 
 The purpose is to scam and sell sat for BTC! 
 Why waste brain cells for this?