@0xCygaar
cygaar
3 months
My thesis on why Bitcoin Ordinals will have longterm staying power: - On the chain with the most value and most history - Many people want something to do on Bitcoin - Art is fully onchain - Rare SAT aspect is unique - High cost to create a collection means less spam/noise
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@0xCygaar
cygaar
3 months
Don't get me wrong, I still like ETH NFTs, I just think Ordinals will end up being a different class of NFTs targeting a slightly different group.
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@Jiurn
Jiurn 🧙🏽‍♂️
3 months
@0xCygaar If you need help understanding other unique attraits we have, like parent-child or recursion, dont hesitate to dm me bro
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@0xCygaar
cygaar
3 months
@Jiurn I appreciate it!
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@goatishduck
goatishduck
3 months
@0xCygaar It's a stretch to say that Ordinals are on a blockchain. They involve the Bitcoin blockchain, but they rely on a central authority. Problematic over the long run IMO.
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@0xCygaar
cygaar
3 months
@goatishduck They don’t rely on a central authority - they rely on offchain sovereignty
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@BuyWeb3
Web3
3 months
@0xCygaar Well said. Make sure you look at what $ORNJ is doing. Big BRC20 play with a L2 coming later in the year.
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@shmula
papiofficial ᛤ
3 months
@0xCygaar 1 #Runestone ᛤ = 1 #BITCOIN Big airdrop to Runestone holders at the halving. First meme coin on Bitcoin. Biggest meme coin on the biggest blockchain.
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@NortierNFT
nortier.eth
3 months
@0xCygaar On the collectible side they will be wanted more. Eth nfts will keep existing in different ways.
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@adityabajaj23
Aditya
3 months
@0xCygaar the capitalization of BTC is bigger than ETH but still, the Ordinal market is smaller than ETH NFTs one so the Ordinal growth is inevitable
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@Goodthings
goodthings ▣⚡️BIP-420
3 months
@0xCygaar LFG 🟧⚡️ Happy to help if you ever have any questions. Come hang with the Ordinals family. We do the show M-TH 3:30PM EST.
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@DegenShiro
Shiro | BIP-420 🐱 🧡 Ordzaar
3 months
@0xCygaar Actually we figured out how to remove the cost factor for creators and artists to launch close to 0 But they would need to attract willing buyers/minters to inscribe them on chain So kinda solves the chicken egg problem With some demand for the art then you’ll see it…
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@lifofifo
lifofifo ◉
3 months
@0xCygaar You'll be surprised to see the amount of degeneracy on Ordinals! Kinda funny considering the high costs. But the costs tend to get evenly distributed with the self-inscribe culture.
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@runeforgehq
RuneForge
3 months
@0xCygaar Good points! The upcoming runes release will make the Ordinals community and Bitcoin even stronger. We can't wait to share the ideas we have in store. Bullish! 🫡
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@OCM5508
Dichotomy.Swoosh
3 months
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@huuep
danny huuep
3 months
@0xCygaar Exactly, and some things will truly have long term staying power and value on Bitcoin 👇
@huuep
danny huuep
3 months
On long term value in Bitcoin Ordinals 👇 Bitcoin is valuable long term because it is a STANDARD for a fungible digital asset. The whole world knows and can agree on what a bitcoin is, and how it works. Ordinals can be long term valuable for a nonfungible digital asset if it…
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@AbelIonadi
ABEL
3 months
@0xCygaar Ordinals may have much potential in future. Let's see
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@theschmor
Wil Schmor
3 months
@0xCygaar I feel some of this might be disproven and leaves me asking why it will be different this time, for example Art Blocks colapse
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@HoneyBadgersBtc
🦡Honey Badgers🦡
3 months
@0xCygaar Join us Cygaar
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@bigsbywest
Bigs 🃏
3 months
@0xCygaar Few get it @0xCygaar but not surprised that you've gotten it so quickly 🫡. Agree with you on these points.
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@Punk583
The Quantum Punk ☗
3 months
@0xCygaar Interesting point.
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