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51 sats \ 2 replies \ @ZezzebbulTheMysterious 21 Apr \ on: Thoughts on ordinals and runes (probably not popular, but thoughts) bitcoin
Nah bro. No innovation, just spam. There is nothing here. If you look at what has been done so far, it is literally just spamming strings on the blockchain.
There is nothing new, its just the same old shit. Nothing can come of this, because it is nothing. People have been issuing tokens on blockchains for 11 years, it doesn't go anywhere -- especially as stupid a protocol as this.
The spammers will try to convince you that what they are doing is subjective, and that they are free to do this. This is of course a lie, and their behavior is coercive. You are forced to listen to their noise, and they will drown out those others who believe they are free to speak -- but cannot.
The tragedy of the commons shows us that we cannot permit complete free for all spamming, noise, trash if we are to have freedom ourselves.
I guess by innovation I was talking about something different than pics on chain, not sure what, something that hasn't been done before.
I'd still sat ordinals and runes are clever in that someone figured it out. Tokens aren't new, doing this way is.
I think 99% of the tokens will be nothing and sadly people will lose money. I think excitement will wane. But an alternate unimagined innovation may be out there.
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It’s not even a new way of this doing this. It’s OP_RETURN colored coins, which is what Omni was doing 11 years ago. Their website and explorer looks better than the trash made for ordinals and runes. There is zero innovation, but 100% spam. We have seen it before — but never as well funded.
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