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1) Ordinals and Brc20 is what turns Bitcoin into the next ETH? Seeing such a stupid argument really vomits three liters of blood...
A slightly longer discussion post, don't be FOMO, but don't be a "wise old man".
First on the point of view:
🔹Bitcoin NFT is a dimensionality reduction blow to ETH NFT, not an imitation, but an innovation.
🔹BRC20 can only send MEME, not apps.
🔹It's stupid to only see the issuance of coins, but not many new possibilities.
2) First of all, the Bitcoin NFT opened by Ordinals is a new thing that is implemented in a completely different way from the NFT on ETH, but it is more decentralized and more blockchain-based. This is a dimensionality reduction blow to the currently sluggish ETH NFT.
This is an NFT that is completely and permanently engraved on the BTC network, rather than a small picture that is guaranteed by a smart contract and stored on an IPFS server like ETH.
Which one is more suitable for collection and more decentralized?
3) As for this, currently yuga, digi, and degods are all issuing NFT in the BTC ecosystem. How long has it been since?
But the trend has already appeared. The most important thing is, you go to investigate any big NFT players around you. As long as he knows about Bitcoin NFT, is everyone shocked? ETH NFT is more exciting?
Note: This is how everyone I know on my side sees it, everyone.
4) What will happen around Bitcoin NFT?
MagicEden invested by Paradigm already has a Bitcoin NFT zone, and the 30-day trading volume of the leading NFT is as high as 20BTC!
Therefore, just this one story, how many stories and ecology can be told? It depends on how big you think the scale of NFT can be, or how big the scale of Bitcoin NFT can be.
In a word: Is it a dimensionality reduction blow to ETH NFT?
Don't be fooled by short-sighted people

5) Secondly, BRC20 can only send MEME, which is fundamentally different from the so-called ETH smart contract
There are two levels of analysis here:
One is the MEME craze brought by the simple BRC20, which can attract a large number of people to download BTC wallets and enter the BTC ecosystem because of the speculative value and wealth effect.
This is the maximum value of MEME, look at $PEPE today's transaction volume is larger than $ARB. Look at the tens of billions of SHIB?
Where is the future without traffic?
6) This kind of traffic is matched with the narrative of Bitcoin halving last year, which is simply lore.
And this matter is already expected. Bitcoin has fallen from more than 60,000 to less than 30,000 for a long, long time. Who will buy it?
FTX, Sanjian, and Grayscale are all miserable, with no new stories, no new funds, who will buy BTC, relying on MicroStrategy?
BTC can't rise, are you still playing with my currency circle? Do you understand why rapping about the empty BTC ecology is to blame yourself?
7) In yesterday's SPACE, more than 1,000 people were always online. Everyone's enthusiasm was extremely high, and many people never left the venue to listen.
Among them, @z3thnft mentioned the communication with Bitmain, including giants such as Shenyu and other miners. Everyone has a positive attitude towards the Ordinals agreement.
Why? Because BTC is mining less and less now, plus the halving, next year, BTC will either rise, or will a large number of miners shut down again?
@z3thnft 8) Considering the long-term, Satoshi Nakamoto said in the Whitepaper that after Bitcoin is mined in the future, where will the miners’ income mainly come from, hopefully from transactions.
But where is the BTC transaction? Been silent for over 10 years. However, in a very short time after the Ordinals agreement came out, the transactions are now hitting new highs every day. How can miners not support it?
Both industry giants and bottom-level miners support it. This is an interesting consensus—different from past splits.
@z3thnft 9) Now the coins on BRC20, in addition to 99.99 MEME and air, platform coins like @OrdzGames $og are the first utility tokens for blockchain games on Bitcoin, let’s play their Mali Austrian, Tank Wars, you will find it very interesting, a blockchain game that is completely permanently on the chain.
But not only that, much more than that.
For example: have you heard of the Lightning Network? It was very popular a few years ago, but no one uses it anymore? Why?
@z3thnft @OrdzGames 10) A Lightning Network team I know spent hundreds of millions on projects N years ago, and finally failed.
Because the timing is so bad, no one pays with BTC, so that people start to justify themselves: BTC is a store of value, it is gold, and using it to buy coffee is a false proposition.
However, the number of BTC wallets and addresses is increasing rapidly, what if it increases by another 10,000 times? Everyone must have one?
what happens?
@z3thnft @OrdzGames 11) The above is just an example to let you understand what BTC ecology is.
Everything is a completely different way of thinking. This is called recreating the second ETH? I don’t think ETH itself is so arrogant that BTC wants to imitate it.
The key is the user! The key is the user! The key is the user!
As long as there are users, scenarios, and snowballing, there will be countless possibilities. This is a brand new story.
@z3thnft @OrdzGames 12) When dealing with new things, people tend to be: invisible, incomprehensible, despised, too late.
Even if you don’t understand it, you can use common sense to think about it. It’s just been a month or two since the top giants in the industry have been researching it, which already means that this is not a wave of idiots shouting. How about the air?
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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