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0 sats \ 2 replies \ @TheBTCManual 6 Feb 2023 \ on: Blockchain Bloat Doesn't Matter bitcoin
If dudes want to spam the chain and pay fees for ordinals go right ahead less sats for you, If there is a real market for this nonsense NFTs wouldn't ordinals on Liquid or a Drivechain pick up? If it overs cheaper fees thats the incentive to move to something cheaper, we saw that with the shitcoin NFT craze
Right now I just think its trolls and miners who are punting it to make an extra buck or two.
Ordinal inscriptions are like the perfect NFT, though. They’re not going away, imo. For people who are “digital collectors”, an actual on-chain NFT with many content types is rare enough. On the premium blockchain, no less?
This is the stuff NFT degen dreams are made of.
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And you can't stuff arb data in Liquid or a drivechain cheaper? minting is only 1 part of the NFT craze, the whole thing is built on finding a greater fool and building markets to trade it, whats going on now is the novelty and the first x amount lets say I was one who created one of the first 1000 but after that it, you have to craft a new novelty narrative or it you're just putting easy to reproduce random data on the blockchain with no eager buyers, thats assuming there are eager buyers for a marked satoshi of a file that is reproduced all over the internet for free
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