Yuga Labs is making big moves this week with their TwelveFold Ordinals drop.
The drop generated lots of controversies as their bidding mechanism required collectors to send in BTC with the promise that it would be returned by Yuga if the collector didn't win.
This "Trust me bro" system goes against the trustless systems that many Bitcoiners (and crypto people in general) like to highlight as one of crypto's core features.
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Recorded on March 3, 2023
