Post
Topic
Board Development & Technical Discussion
Merits 2 from 1 user
Re: (Ordinals) BRC-20 needs to be removed
by
NotATether
on 30/12/2023, 10:37:48 UTC
⭐ Merited by pooya87 (2)
Will we soon have a new Bitcoin fork, Ordinalcoin?
It would be pointless.
We already have multiple smart contract platforms to create actual tokens (not fake ones like Ordinals that are arbitrary data). We also already have Bitcoin side-chains that can be used to create tokens.
None of these interested the Ordinals scammers simply because they wanted to attack bitcoin and also wanted to use the Bitcoin name to have access to a bigger "pool of victims" to sell their scam and earn money.

Or rather, there is no money to be made in a fork because if a hypothetical Ordinals coin was ever listed on an exchange it would be immediately short-sold.

While Bitcoin Cash was profitable to make at least initially for the miners because there was a sizable group of people who supported it.