pull down to refresh
171 sats \ 4 replies \ @kr 18 Jan 2023 \ on: AMA - Casey Rodarmor creator of Ordinal Theory bitcoin
do you expect digital artifacts to have different use cases than NFTs given that they have different properties?
Good question! I expect that there will be a lot of overlap. Some existing NFTs are already digital artifacts, namely those that are on-chain and immutable. So I think it'll be more of a question of quality and value vs use-case.
However, inscriptions, unlike NFTs on other chains, are basically as indestructible and decentralized as bitcoin itself. This difference in expected longevity may lead to different use cases. But who knows!
reply
Ah interesting. So if inscriptions are tied to sats, and most sats predate all NFT projects, is there a case to be made for collecting inscriptions simply because of their historical significance?
reply
Sats start out uninscribed, but you can always inscribe an old sat. I think that people will definitely collect both sats and inscriptions for their historical significance. And it'll be the height of swag to have an inscription on a blinged out sat, like a particularly old one, or one that was the first in its block.
reply
ah i see
reply