3min chapter

Bitcoin Explained - The Technical Side of Bitcoin cover image

Episode 72: Inscriptions

Bitcoin Explained - The Technical Side of Bitcoin

CHAPTER

The Main Argument in Favor of Bitcoin Long-Term Subscriptions

The main argument against inscriptions is that miners need an incentive to mine. The other side of the equation is that Bitcoin long-term will need to survive somehow. I don't know where you are standing on this, but it's hard to reason what the game theory would be like under extreme circumstances. But if we go into a low subsidy regime, that's uncharted territory anyway with or without NFTs.

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