MainStreetChungus's avatar
MainStreetChungus
mainstreetchungus@nostr.report
npub1pvuu...d7a5
https://nostr.report ⚡️Bitcoin ⚡️ | Meme afficianado 🌎👩‍🚀🔫👩‍🚀 | Fiat 💵 Miner ⛏️
Why ordinals are dumb:: So you’ve created an NFT of the first few bitcoin magazine covers on bitcoin using ordinals…awesome, good for you. Someone else takes the same bitcoin magazine covers and makes an NFT on the Ethereum blockchain. Someone else then makes an NFT on both Cardano and Solana’s chains. Which is the real “NFT”??? Each think their record is the true record. Do you trust the bitcoin ordinal because it’s bitcoin? What if you found out that the original authors of the bitcoin magazine articles were the ones that created the ethereum NFT? Would you believe them? Would you take it to the courts to decide? Would you trust the US government to decide a “true record”? The real answer is none of them. The only thing that was scarce in the first place was the 1 sat that was used for the ordinal. #Bitcoin tries to be nothing but Bitcoin. By trying to be a distributed ledger for everything, the other chains succeed in nothing. They are so focused on being a computer for everything, they completely disregard the 1 thing that really matters. Digital scarcity of the coins themselves. But they couldn’t compete on that anyway, Bitcoin has POW, no insider ICO, the network effects, and the game theory…THERE IS NO SECOND BEST! So keep shitcoining, it’s the only way these other chains can make money to keep their vapor ware running. And ordinals on bitcoin are at best a fad and at worst a cash grab. PV🤙
Michael Buddy - “Going back to the 1920s, there has been no BTFD generation like you. Congratulations" When the money is corrupt, you need to exchange your money into some kind of asset. The stock market and its index funds are the easiest thing to switch your cash into. The last 20 years with 401k’s 529’s, Heath Care Savings account growing in popularity, money just piles into markets with no regard to valuations. One day everyone will realize the stock market is not an asset to hold wealth, it’s a claim on a company’s future cash flows. Only then everyone will see what we see, #Bitcoin is the only option.
Well shit, now I lost all my follows… need to dig up that note on how to get them back
John Mayer is a legendary guitar player, here are some tips he has for learning - these remind me of trying to build on #nostr and #bitcoin - Striving for perfection is one of the most unnecessary roadblocks you can keep putting in your way during the pursuit of your craft. - Try to visualise what it is that you are trying to create and how you aim to go about it. This is like going to the gym without any idea as to what you are going to work out that day. - Draw on a variety of inspirations as you continue your learning journey, especially from sources that may be outside of our comfort zones. - If you want to get good at something, you simply have to do the work. Mastery is not an endpoint, it is an endeavour. - Be intentional at managing your interest levels, thus ensuring your long term success.