Original archived Re: Can too many NFTs cause a BTC supply problem
Scraped on 30/06/2025, 10:22:16 UTC
I do not know much about Ordinals, but if you mean if it can lead to bitcoin scarcity? If people hold 20.5 million BTC even forever, in a way that only 500000 BTC is remaining in the circulation, it will only make the price increase if there is more demand and nothing will happen.
Data-heavy inscriptions can clog blocks, raise transaction fees, and crowd out regular usage.
The mempool and not blocks. It is the mempool that will become congested, making the fee for fast confirmation to increase.