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Add to this the expected surge of activity within the network courtesy of Ordinals and their shenanigans (which I am not really against since it's about time bitcoin gets its own NFT), and expect a pretty nasty increase in fees in the next months or so.
No, BTC does not need its own NFT... Folks already bitch about the local storage needed to run a full node and BTC was intended as a means for storing/transferring money and for pure efficiency should remain so.Add to this the expected surge of activity within the network courtesy of Ordinals and their shenanigans (which I am not really against since it's about time bitcoin gets its own NFT), and expect a pretty nasty increase in fees in the next months or so.
There are numerous side-chains (ran by companies...) that can be used for NFT crap but of course records for the chain of ownership can be stored on the BTC blockchain much like Ordinals do. Only difference is that Ordinals actually store their crappy 32kb 'artwork' on the main chain as well as track its movement.
That said today has seen mempool showing some insane fees - many are well over 1BTC of fees being rewarded
