On this episode of Satoshi Saturdays, we are joined by our good friend Charlie Spears (@cbspears). Have you heard of these “ordinals”? What about NFTs on Bitcoin...yes, you read that right. Well, Charlie is here to help it all make sense. We begin with the basic foundational pieces and then build upon the ideas.
Follow Charlie:
Twitter: @cbspears
Satoshi Saturdays is a short form news outlet focused on bitcoin and the Bitcoin network. We want to share with you the hottest topics of the week. Listen on your way to work, at the gym, or even with your friends and family!
Time Codes:
00:00 - Intro
02:00 - Bitcoin News
05:30 - introduce Charlie
06:20 - Ordinal Theory
08:20 - Witness data
09:30 - Ordinal team is now a 20,000 person chat
13:00 - how ordinals affect mining/block space
14:30 - Does Charlie feel Bitcoin is money?
18:00 - Data layer or money layer
19:00 - Pleb nodes unaffected until ~2028
21:30 - no clean way to transfer inscriptions
24:00 - Fungibility
28:00 - WEB5 and inscriptions
30:00 - Pleb in 3rd world needs to be able to subvert authority using bitcoin
32:30 - more users onboarded in the last month than the past 10 years
34:30 - Ordinals will double the user base
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Content for The Nyc & Griff Show and Satoshi Saturdays is not financial advice and is to be used only as our opinions. The opinions we express are only representations of our own individual thoughts and no one else we are associated with.
