Bitcoin Is UTXO Model, Right?

"It's very reachy to the point where it doesn't really connect with reality is very like mythology, like religion, kind of bullshit," he says. "The reason why Casey had to create that concept was because of the UTXO model in Bitcoin." In aUTXO model, there's no easy way to necessarily denote ownership change over a monkey JPEG or a monkey NFT, right? So for the whole marketplace or whatever quote unquote marketplace for these inscriptions, trading them back and forth requires people agree to this ordinal method system on actually transferring them around and sending them around.

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