
Bitcoin Miami w/ Drew Armstrong (Cathedra) and Thomas Pacchia (Pubkey)
Galaxy Brains
The Negative Consequences of Ordinals
I think that ordinals are just a overwhelmingly positive development it's pushing a lot of the transactions to layer two lightning liquid blah blah blah um and blocks are full so miners are happy transactions fees go up this is important stuff I totally agree. The maxis were right to call out the danger initially when it first happened they just say hey this could have some pretty big ramifications not all of them positive but again cats out the bag yeah. If block space has value it will be used at a certain price and it's okay for that to be used with inscriptions. It doesn't matter what the inscription is some these are valid transactions that people are paying forIt's not spam it's not an
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