Post
Topic
Board Development & Technical Discussion
Re: (Ordinals) BRC-20 needs to be removed
by
larry_vw_1955
on 08/04/2024, 01:23:33 UTC

I don't understand why you bring up debit card when he talked about payment processor where you can pay directly using Bitcoin and merchant can choose either keep the coin or convert the coin to fiat.


when you use the coinbase card, you're using fiat to buy something not crypto. they even say it right here on their website:
https://www.coinbase.com/card

Where is Coinbase Card accepted?
Coinbase Card is accepted anywhere Visa® debit cards are accepted, at over 40M+ merchants worldwide. If you choose to spend crypto, Coinbase will automatically convert all cryptocurrency to US Dollars for use in purchases and ATM withdrawals.


and guess why they have to do that conversion? that's right because NO ONE TAKES BTC. most merchants only take fiat. we all know that...but anyhow it's off topic to the thread i know.

Quote from: nutildah
Crazy. I'm all for their decision of course. The reason why its crazy is this whole Runes thing was launched only a month or two ago and I guess its completely collapsed in popularity already. Looks like its finally the beginning of the end of the Ordinals Era in Bitcoin.

i didn't even realize binance had ordinals the support was not longlasting! i think they just started supporting them in summer 2023. wow they really got rid of them quick! flash in the pan. but i guess binance was never one of the big ordinals marketplaces. there's still a handful and i am guessing opensea still supports them but i haven't looked in a long time.  Shocked