Its worth pointing out that Ordinals by themselves are harmless: it is just a method of de-fungifying individual satoshis so that each one in essence can be seen as an NFT. The idea was actually proposed over 10 years go but nobody ever had much use for it until recently.
Its the inscriptions being attached to the ordinals that is the controversial part.
It already has by way of Emblem Vault which is a method for locking up the contents of a Bitcoin address and bridging it over to Ethereum as a ERC721 token. This means that Ordinal NFTs can be traded on major NFT marketplaces like OpenSea. It works very well, except it is easy to claim your vault holds something it actually doesn't, and thus a lot of scams have happened using that tactic.
You may not like it but this is what peak adoption looks like:
Guy is syncing up a full node for the first time so he can do inscriptions.
Its the inscriptions being attached to the ordinals that is the controversial part.
just wait until some nft marketplace website starts supporting bitcoin "nfts". if it gets mainstream then bitcoin might have a problem.
It already has by way of Emblem Vault which is a method for locking up the contents of a Bitcoin address and bridging it over to Ethereum as a ERC721 token. This means that Ordinal NFTs can be traded on major NFT marketplaces like OpenSea. It works very well, except it is easy to claim your vault holds something it actually doesn't, and thus a lot of scams have happened using that tactic.
You may not like it but this is what peak adoption looks like:
Guy is syncing up a full node for the first time so he can do inscriptions.