"want bitcoin to be money and money means different things for people in this world"
I interpreted your above statement to mean that to some people, inscriptions/NFTs are money. That is what I was responding to. On Fri, Mar 31, 2023 at 9:26 AM alicexbt <alice...@protonmail.com> wrote: > Hi Steve and Bitcoin Developers, > > I have created a new thread as requested by one of the developers. I > respect him and the readers of this list. > > > "want bitcoin to be money and money means different things for people in > this world" > > > I think we can all agree that a property of money is fungibility, and by > its very definition NFTs are not fungible and thus not money. > > Inscriptions do not affect fungibility of bitcoin: > > - There is no token standard being used. These are just sats being > considered as inscription in an external protocol or explorer. Bitcoin > nodes do not consider them as something special. > - Users can always sell those inscribed sats or UTXO as normal bitcoin on > bisq or any exchange. > - They can use different amounts for it using tools like > https://raritygarden.inscribetheplanet.com/ which is created by super > testnet who is active dev in bitcoin and ln. > - Inscribed sats are different from Ethereum tokens because they will > never go to zero and you can always consolidate lot of them to use as > normal bitcoin. > > Bitcoin fungibility is anyways debatable and I cannot change anything > about it even though working on a coinjoin implmentation as some post mix > UTXOs are censored on some exchanges and its easy to identify them. Some > coinjoin implementation themselves work with chain analysis companies to > censor inputs used for rounds. > > Ordinals theory is a parallel universe in which some users believe in and > they have been trying to learn how bitcoin works. Example: I did call with > someone this evening to explain how PSBT and multisig works who never used > bitcoin before > > Developers are interested to build things and they have tried to create > BIP, DEX, look for libraries, ask questions, projects implementing PSBT etc. > > I do not live in first world country and do not attend bitdevs but always > wanted bitcoin to be here. I have tried my best but failed. Please let > people do what they want with bitcoin without changing consensus rules. It > will help Bitcoin. > > /dev/fd0 > floppy disk guy > > Sent with Proton Mail secure email. >
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