3min chapter

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WHY ARE WE BULLISH? Steve Barbour, Dave Bradley, Julian Figueroa ep347

BTC Sessions

CHAPTER

Bitcoin Magazine and the Ordinals Gambling

I think one of the things that goes overlooked about Bitcoin magazine's involvement in this, and I don't want to like give them all this empathy, but media companies are not profitable. Almost all of them fail because the cost to produce and the cost that people want to pay just trends to zero. And so inevitably, they are going to find whatever they can. The ordinals thing is actually going to be what keeps Bitcoin magazine afloat. For however long this thing goes on for, and it could go on a lot longer than we think. Try running a media company. It's not fucking easy.

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