Ordinals Creator's Guide to Facing Reality Challenges as a "Bitcoin Maximalist"

share
Ordinals Creator

In the Bitcoin space, a new debate has emerged: how to reconcile idealism with the challenges of the real world? Casey Rodarmor, the creator of Ordinals, provides profound insights on this in his blog post "Inscriptions: A Guide for the Ideological Maxi".

"First, let me say, this article is not written to defend ordinals and inscriptions. They do not need defending. The die is cast."

The Dilemma of Bitcoin Maximalists: Out of Touch with Reality

Casey Rodarmor identifies himself as somewhat of an idealistic Bitcoin maximalist, but also acknowledges that ideals often struggle to survive when confronted with reality. Currently, Bitcoin maximalists are facing a challenge where the culture they advocate for is in disarray with the real world.

Advice for Battling Reality: Embrace It, Bitcoin Will Have High Fees

The article emphasizes that Bitcoin maximalists should cease their dissatisfaction with JPEG image NFTs on the blockchain, as such complaints make Bitcoin appear fragile. Casey Rodarmor believes that Bitcoin is an unstoppable internet currency, and these JPEG images are not the real issue. He suggests that the Bitcoin community should accept the existence of NFTs and focus on more important matters, such as promoting the use of Bitcoin.

"Ignore the NFTs. Most valuable use cases will price out the majority of inscriptions. There will always be some high-value inscriptions, but they won't seriously compete with money and uncensored transactions. Bitcoin's destiny is high fees. Embrace it."

Constructive Criticism

For those who persist in criticizing on-chain images, Casey Rodarmor offers some constructive criticism. He points out that everyone buying these images knows they can be saved with a right-click and emphasizes that all significant things are just social agreements. Furthermore, he mentions that the value of on-chain data far exceeds off-chain data, which most NFT ecosystems lack.

Consequences of Resisting On-Chain Images

The article concludes by pointing out that attempting to censor on-chain images is no different in essence from censoring other types of transactions. Casey Rodarmor warns that any attempts to support transaction censorship in Bitcoin will fail, as the core of Bitcoin is to process transactions that some may deem illicit. He urges the Bitcoin community to ignore these images and focus on more important goals.

He states that some consider inscriptions a state attack on Bitcoin. For some reason, you see NFTs and meme coins on other chains, understanding their existence due to passion, demand, anger, and decadence, not thinking of them as state attacks on Ethereum, but for some reason turning around to think they are state attacks on Bitcoin?

Bitcoin developers claim inscriptions are a technical flaw? Jason Fang rebuts: Inscriptions are unstoppable, driving the future of Bitcoin

Sora Summit | Bitcoin OGs Gather! Discussing L2 Development, Predicting Bitcoin Market Cap to Reach 4 Trillion?