A Guide for Ordinals’ Founders to Confront the Challenges of Reality: Facing the “Bitcoin Maximalist”

In the field of Bitcoin, a new debate has emerged: how to reconcile idealism with the challenges of the real world? Casey Rodarmor, the creator of Ordinals, wrote a blog post titled “Inscriptions: A Guide for the Ideological Maxi,” offering profound insights on this matter.

“First and foremost, I want to clarify that this article is not written to defend ordinals and inscriptions. They do not need defending. What’s done is done.”

Contents:
Toggle
The Dilemma of Bitcoin Maximalists: Disconnected from Reality
Suggestions for Confronting Reality: Embrace It, Bitcoin Will Have High Fees
Constructive Criticism
The Consequences of Resisting On-Chain Images

Casey Rodarmor considers himself to be an ideological Bitcoin maximalist, but acknowledges that ideals often struggle to survive when they collide with reality. Currently, Bitcoin maximalists are facing the challenge of a disconnection between the culture they uphold and the real world.

The article emphasizes that Bitcoin maximalists should stop expressing dissatisfaction with on-chain JPEG images (NFTs) 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 them (NFTs). Most inscriptions will be priced much higher due to more valuable use cases. There will always be some high-value inscriptions, but they will not seriously compete with currency and uncensored transactions. Bitcoin’s fate is high fees. Embrace it.”

For those who still insist on criticizing on-chain images, Casey Rodarmor provides some constructive criticism. He points out that everyone who purchases these images knows that they can be right-clicked and saved, and emphasizes that all important things are merely social agreements. Additionally, he mentions that on-chain data holds more value than off-chain data, which is lacking in most NFT ecosystems.

The article concludes by stating that attempting to censor on-chain images is fundamentally no different from censoring other types of transactions. Casey Rodarmor warns that any attempt to support transaction censorship in Bitcoin will fail because the core of Bitcoin is processing transactions that some people consider illegal. He urges the Bitcoin community to ignore these images and focus on more important goals.

He states that some people view inscriptions as a state attack on Bitcoin. Strangely enough, when you see NFTs and junk coins on other chains, their existence is understood as a result of passion, demand, anger, and decadence. But when they are seen as a state attack on Bitcoin, it is unclear why they are regarded differently.

(
Bitcoin developers claim that inscriptions are a technical vulnerability? Jason Fang rebuts: Inscriptions are unstoppable, driving the future of Bitcoin
)
(
Sora Summit | Bitcoin OGs gather! Discussing L2 development, estimating Bitcoin’s market cap reaching 4 trillion?
)
bitcoin
Casey Rodarmor
Ordinals

Further reading:
OKX Web3 wallet experiences fake asset listings, OKX: Ordinals market will reopen after repairs
Phantom wallet now supports the Bitcoin network, allowing users to purchase BRC-20, Ordinals

Leave a Reply

Your email address will not be published. Required fields are marked *