The Chopping Block: Wizards vs. Laser Eyes for the Future of Bitcoin - Ep. 495
Unchained
The Bald Wizard Meme and Bitcoin's Cultural Shifts
This chapter explores the humorous origins of a bald wizard meme that has influenced the Bitcoin community through wizard-themed ordinals collections. It discusses the economic implications of these collections, the ongoing debates among Bitcoin maximalists regarding the use of ordinals, and the potential risks to Bitcoin's security as transaction fees decline. Furthermore, it highlights technical advances like the Taproot upgrade and the unique ordinal protocol that distinguish Bitcoin's approach to data inscription from traditional NFT systems.
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