255 sats \ 0 replies \ @mattybs 2 Jan \ on: Have You Ever Bought an Inscription/BRC20? bitcoin
I've never purchased one, and right now I don't plan to. But the wannabe trader in me says that the environment is showing one thing while the narrative is largely in denial -- which usually means to buy in.
That said, I believe that if a thing can be done with Bitcoin, someone will do it. IMO this is not going away and will continue to wreck the mempool in the near term, but will drive adoption of layer 2 solutions like Lightning.
I guess I'm in the "No, Optimistic" camp, because it's not something that interests me much personally, and I'm optimistic that the Bitcoin community will solve for usability issues long-term.
I never have. But my gut is telling me that the environment is going one way while the narrative seems to be denial -- if you're a trader that usually means to buy in. fwiw
It's wrecking the mempool but it's also driving adoption for layer 2 solutions like Lightning.
IMO if you can do something with Bitcoin, someone will do it. Better for us to be prepared for it than to hope it goes away.
GENESIS