3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC116: Bitcoin Ordinals and NFTs on Layer 1 of the Protocol w/ Pierre Rochard (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Is Bitcoin a Medium of Exchange?

The fact that the transaction fees accrue to the miners, I think has occurred and created kind of some excitement in the mining community around ordinals and inscriptions. My expectation would be that demand for those monetary transactions would be so great in the future that it really does price out JPEGs. There's just JPEGs might be a FAD, NFTs on Solana and Ethereum. They are down big time if you look at kind of the volumes and their value.

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