“When you are courting a nice girl an hour seems like a second. When you sit on a red-hot cinder a second seems like an hour. That's relativity.”
― Albert Einstein
“Those who believe in telekinetics, raise my hand.”
― Kurt Vonnegut
“When you're in jail, a good friend will be trying to bail you out. A best friend will be in the cell next to you saying, 'Damn, that was fun'.”
― Groucho Marx
Gm Nostr. 😊
Happy Wednesday. I hope everyone is having a great week. Have a nice day 😉😊
“Facts do not cease to exist because they are ignored.”
― Aldous Huxley
“We are only as strong as we are united, as weak as we are divided.”
― J.K. Rowling
“The weak can never forgive. Forgiveness is the attribute of the strong.”
― Mahatma Gandhi
Gm Nostr 😊
Happy Tuesday, I hope you have a great day... And if you have a the chance, eat a good taco. 😉😊
“All we have to decide is what to do with the time that is given us.”
― J.R.R. Tolkien
Ordinals and the Fight for Bitcoin’s Integrity as Hard Money
Bitcoin’s greatest strength is its fungibility—the simple but crucial fact that each satoshi is identical and interchangeable. This property ensures Bitcoin’s viability as hard money, immune to arbitrary valuation distortions and free from external manipulation. Yet, the practice of inscribing data onto individual satoshis disrupts this essential feature, creating artificial distinctions that undermine Bitcoin’s role as a neutral monetary asset.
The Fungibility Crisis
Bitcoin thrives because it operates as a trustless, decentralized, and fungible currency. When inscriptions are added, certain satoshis become marked with embedded data, turning them into distinct collectibles rather than interchangeable monetary units. This introduces subjective valuation, where satoshis are traded based on rarity or uniqueness rather than their inherent financial utility.
This shift fractures Bitcoin’s economy. When money ceases to be fungible, it ceases to be reliable. The moment Bitcoin satoshis are distinguished from one another based on inscription, the entire ecosystem moves away from being a sound financial instrument and towards a speculative, fractured marketplace. The result? A loss of value, a loss of trust, and ultimately the erosion of Bitcoin’s status as hard money.
A Slim Blockchain is a Healthy Blockchain
Bitcoin was designed for efficiency—to be verifiable, accessible, and decentralized. Unnecessary blockchain bloat threatens this integrity. Every inscription adds weight to Bitcoin’s chain, increasing storage costs and raising barriers for node operators. A heavier blockchain discourages self-sovereignty, forcing users to rely on third-party providers rather than running their own full nodes.
Decentralization depends on accessibility. Keeping Bitcoin’s blockchain slim ensures that participation remains widespread, preventing the kind of centralization risks that bloated chains inevitably invite. Just because something is technically possible does not mean it should be done. Bitcoin should optimize for durability and financial reliability—not be cluttered with unnecessary data.
OP_RETURN and Bitcoin Knots: Efficient Alternatives
For those who wish to embed data, OP_RETURN remains a viable alternative that prevents blockchain congestion. By using OP_RETURN, users can append relevant data without interfering with Bitcoin’s core financial operations. Additionally, Bitcoin Knots presents another safeguard—allowing users to filter and prevent Ordinals-based transactions that might otherwise disrupt the chain’s efficiency.
Bitcoin must remain sovereign, decentralized, and predictable. The best way to ensure this future is by preserving fungibility, maintaining a lean blockchain, and choosing efficiency over novelty. If Bitcoin is to remain the free-market answer to inflationary fiat, it must reject experiments that jeopardize its monetary integrity.