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0 sats \ 1 reply \ @om 9 May 2023 \ on: Bitcoin is not under attack of ordinals or BRC20 bitcoin

I agree, I'd not call this an attack.

The first NFTs were Bitcoin-adjacent, and they were Pepes. That was even before cryptopunks.

There are many tokens-on-Bitcoin projects: Omni, RGB, Taro are the major ones besides BRC-20. One is pumping, so what. If this one didn't pump, some other would.

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31 sats \ 0 replies \ @nullama 9 May 2023

Before NFTs were called NFTs, Bitcoin already tested that with colored coins

It was a failure because companies quickly realized that it is much better to use a centralized approach for these things.

You basically need the blockchain for a small amount of things, like money for example.

History keeps repeating itself.

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