#Bitcoin is back and it’s bigger than ever. You know why? Because it has #NFTs now. Yes, you heard me right. NFTs on Bitcoin. They are called Ordinals and they are the next big thing. #nftcommunity
For the last two years, everyone was hyping up smart contract blockchains. They were saying they are the future and they can do everything. They were saying you can make money with them by staking and DeFi and all that stuff. They were saying you can create and collect digital art with them by using NFTs.
But guess what? Bitcoin can do all that too. And better. Because it’s Bitcoin. It’s the OG. It’s the most trusted, secure, and decentralized cryptocurrency out there.
A few weeks ago, Ordinals started popping up on Bitcoin and they blew everyone’s mind. They are NFTs that you can mint directly onto the Bitcoin blockchain using data inscribed on each satoshi. That’s insane.
People who used to ignore or hate on Bitcoin suddenly realized what they were missing out on. They started flocking back to Bitcoin like crazy.
This is what we have been saying all along: whatever happens on other blockchains will eventually come back to Bitcoin and it will be better on Bitcoin
The Shocking Reason Why Ordinals Matter More Than You Think
Let me ask you something. Why do you think Ordinals are so important? Why do you think people are going crazy over them?
It’s not because they are new or cool or trendy. It’s because they are on Bitcoin. That’s right. Bitcoin. The one and only. The original gangster. The one that started it all.
Think about it. If you had a choice between two houses by the beach, which one would you pick? One that is nice but in a cold and rainy place like Ireland? Or one that is amazing and in a sunny and beautiful place like Hawaii? Bitcoin is Hawaii, baby.
Bitcoin is the best blockchain out there. It’s the most trusted, decentralized, and secure one. It has a fixed supply and a predictable inflation rate. It’s the king of crypto. Everything on Bitcoin becomes more valuable. Including Ordinals.
That’s why people want them so bad. That’s why they are willing to pay top dollar for them. Because they know they are getting something special on Bitcoin." #bitcoinordinals
How Ordinals Are Breaking All the Rules of NFTs
You need to understand that Ordinals are not your typical NFT. They are way more badass and complicated than that. They are harder to make, which means they are harder to get. And you know what that means? More value for those who get in early. Ordinals are tied to a specific Satoshi, which is like the smallest unit of Bitcoin. That’s why some crazy folks are paying tons of Bitcoin for one Satoshi.
Now, you might be thinking: what about those other NFTs on other blockchains, like crypto punks or BAYC? Aren’t they valuable because they are scarce? Sure, they are. But that’s not how we roll in Bitcoin land. We don’t care about scarcity alone. We care about issuance.
Issuance means when and how an Ordinal was created. The first 10,000 Ordinals will always be the most sought-after ones. It doesn’t matter what project they belong to. It matters when they were born. And it also matters what happened in Bitcoin history when they were born.
Maybe an Ordinal was created during the Bitcoin halving, or when a big round block number was mined, or when BTC hit $100k (which it will). Maybe some of the most epic Ordinals were linked to the OG himself, #SatoshiNakamoto (whoever he is). The possibilities are endless.
The bottom line is this: Bitcoin is all about the issuance and so are Ordinals.
How Ordinals Could Solve Bitcoin’s Biggest Problem
Ordinals are not just cool and valuable. They are also game-changers for Bitcoin. For a long time, Bitcoin was boring and stagnant. Some of the big shots in the space were too scared to try new things or mess with the status quo. They were happy sitting on their piles of money and watching Bitcoin go up and down.
But that’s not what Bitcoin is about. Bitcoin is about innovation and experimentation. It’s about pushing the boundaries and creating new possibilities. That’s what it used to be like back in the day, when Bitcoin was where all the action was happening. Maybe we can go back to that. Maybe Ordinals can spark that fire again.
The Bitcoin ecosystem is already more lively and fun than before. People are talking about Ordinals, trading them, collecting them, creating them. And you know what else? Ordinals could also solve one of the biggest problems for Bitcoin: miner incentives.
When the Bitcoin halving reduces the block reward to almost nothing, how will get paid? Well, maybe they can get paid with Ordinals. Maybe they can create and sell unique Satoshis that are linked to their blocks or transactions or events.