pull down to refresh
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
deleted by author
deleted by author
deleted by author
deleted by author
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!