2024-12-25T13:55:37+0800

I discuss the causes of increased transaction fees and the ongoing dispute within the community about Bitcoin's real use case. Join me as I share my thoughts on why it's important that #Bitcoin development focuses on being a censorship resistant, non inflatable money rather than a platform for Ordinals & Co. CHECK OUT ------------------------------------------- ►► What Is Bitcoin's Unique Utility https://youtube.com/shorts/PpLhAcg4GOg ►► SUBSCRIBE https://anita.link/news to never miss an update ►► LEARN MORE? Sign up for my online Bitcoin course at https://cracktheorange.com TRANSCRIPT ------------------------------------------- 2023 was the year of BRC-20 tokens, inscriptions, and stamps on Bitcoin. The issuance of these tokens led to increased transaction fees, sometimes as high as $40. This turned into a wide discussion and dispute on Twitter and within developers what the real use case of Bitcoin is and how to proceed. There's also the suspicion that it could be a social attack on the network. My stance is this: Bitcoin is money and a savings technology. NFTs, tokens, and other forms of using Bitcoin, like with smart contracts, should be issued on Bitcoin's sidechains or other blockchains. Yeah, I know I can wish and dream. Securing JPEGs with the help of Bitcoin is not a life changing necessity. Having a censorship resistant, non inflatable money is. ___________ No financial advice. Do your own research. ___________ #BitcoinWallet #LearnBitcoin #LightningNetwork