Post
Topic
Board Bitcoin Discussion
Re: On Ordinals: Where do you stand?
by
Mauser
on 21/05/2023, 07:56:03 UTC
If we'd talked about what will happen if to implement something new it was a matter of choosing the future rules. But now we already have Ordinals and we already have those ones who use it. Taking away from someone else what is not ours is a bad idea. I'm not a fan of Ordinals, I'm not going to use any kind of "tokens" in bitcoin blockchain, but it is not a question of my own preferences, it is a question of expropriating someones belongings. Don't I understand that Ordinals bring instability and thus less security? I understand. But as Benjamin Franklin said: "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." If we'll start to take something from someone for our own convenience, what will be the difference from centralized systems?

Do we have a problem? Yes. Should a solving be worse than a problem?

I agree with you that taking away something that is already used by others is a bad idea, and is contrary to the freedom and independence idea behind crypto currencies. It took me a while to understand the concept of ordinals and still I am not convinced that they are really needed. Which doesn't mean that others can't see a great value in them. I also never bought any NFTs and found the whole idea of owning digital pictures a bit out of order. But just because it's nothing for me I don't want to decide for everybody else. My main concern is the impact of the transaction fees for bitcoin. If fees keep increasing because of the idea demand than it's a bad situation for all of us and needs to be addressed. We still need to figure out however how long lasting the whole idea is. With NFTs it was a huge initial boom that eventually quite down, maybe with ordinals it will be the same.