Don’t Overlook Bitcoin Ordinals, Says Udi Wertheimer

10 months ago 4

ARTICLE AD BOX

Udi Wertheimer champions the adoption of Bitcoin Ordinals, pushing back against those aiming to eliminate them. However, many reject the concept of Bitcoin Ordinals, which are akin to non-fungible tokens (NFTs) but on the Bitcoin blockchain.

“I’m not trying to convince you that inscriptions/BRC20s/stamps/etc are not spam/scam/whatever,” the post stated.

People Should Experiment with Bitcoin Ordinals

In a post on X (formerly Twitter), Wertheimer states that people should not undermine Bitcoin ordinals enthusiasts and developers working in the space. He declares that “lots of ordinals teams have very strong devs.”

Instead, he encourages his 183,400 followers to experiment with Bitcoin Ordinals:

“So download an ordinals wallet, load it with ~0.005 BTC and start playing around. You’ll probably lose all of it. Your goal here isn’t to make money, it’s to understand the ecosystem and what makes it tick so that you can do something about it.”

Miners Anticipate Adoption of Bitcoin Ordinals

Wertheimer emphasizes the significance of ordinals on the Bitcoin blockchain but asserts that, above all, he considers Bitcoin’s role as a store of value to be more crucial and paramount.

“As much as I think ordinals are important, I have no doubt that BTC as store of value is more important, and this stuff will figure itself out eventually,” he stated.

BeInCrypto recently reported on Ordinals as attractive for Bitcoin miners. Bitcoin educator Kashif Raza commented that it had more incentive for miners:

“Ordinals have turned out to be a blessing for miners but for retail, its a nightmare to send micro transactions,” Raza stated.