I strongly believe that the ordinals movement (which we joined with Taproot Wizards, but in no way started) is the single movement that attracted the most new Bitcoin builders this year.
I’ve been fortunate enough to talk to new builders every single day who are making their first steps in the ecosystem, building new wallets, self-custodial marketplaces, new sidechains, zero-knowledge research, truly at the forefront of bitcoin innovation. I’m incredibly bullish on these guys.
Are you constrained by the talent pool of Bitcoin builders today?
I think that comes down to how you define ‘Bitcoin builders’. We’ve seen a ton of interest from developers and entrepreneurs who made their first steps in other ecosystems like ethereum/solana/etc, and decided to jump into ordinals. They had some catching up to do at first, but we’re 1 year into this at this point, and today I feel confident to say they’re some of the most skilled bitcoin builders I’ve ever met.
I strongly believe that the ordinals movement (which we joined with Taproot Wizards, but in no way started) is the single movement that attracted the most new Bitcoin builders this year.
This certainly seems true anecdotally. Why do you think ordinals had this impact when sound money didn't?
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Why do you think ordinals had this impact when sound money didn't?
Sound money doesn’t look very attractive when it loses 50% of its value :)
I think that narrative clearly attracted a lot of people in 2021-2022, and probably would again if/when we see another raging bull market. But when the markets are slow, new usecases tend to do more to ignite people’s imagination than just talking about stagnating prices
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