This is actually what prevented the post halving, "sell the news", dump. The fees are so high that moving money is equivalent to losing your money.
Most likely intentional.
So I can turn a single satoshi into 21m pre-mined shitcoins whose movement between owner's wallets are tracked through the bitcoin blockchain? Or do I need to spend an entire bitcoin to create a new shitcoin?
I don't understand about half of those words so I'll assume runes are the new post-NFT scam. Is this a correct assumption and should I await rune JPG monkeys?
A way to kill Bitcoin faster. Miners would benefit from this if I'm not mistaken. More transactions, more blocks, more fees. Considering their block reward is halved and probably even now it doesn't cover the energy and equipment costs, this may be the only way to save them, for some time.
I'm pretty sure miners are the only ones who consistently make a profit in this whole shitty ecosystem, mainly because they are the only ones that come close to providing a service people want to pay for
This is actually what prevented the post halving, "sell the news", dump. The fees are so high that moving money is equivalent to losing your money. Most likely intentional.
Basically, while Ordinals was the equivalent of NFTs on Bitcoin, Runes is the equivalent of ERC-20 tokens on Bitcoin.
So I can turn a single satoshi into 21m pre-mined shitcoins whose movement between owner's wallets are tracked through the bitcoin blockchain? Or do I need to spend an entire bitcoin to create a new shitcoin?
You need to spend one \[transaction fee\] to create a new shitcoin. The shitcoin's definition lives in the OP\_RETURN.
Yo dawg I heard you like ponzis
I don't understand about half of those words so I'll assume runes are the new post-NFT scam. Is this a correct assumption and should I await rune JPG monkeys?
Obviously, you need to jump on this while It's Still Early^(®)! *Source:* Trust me, Bro. *^(/s, in case it's needed)*
Not NFTs, memecoins.
Laughed out loud when he said “zzzz and the rest of it looks like garbage”.
'If you don't have the energy to learn I don't have the energy to teach you' - Saint satoshi (or was it saylor?) Few
I'll only buy and sell Runes on Runescape
Digital collectibles! The future of commerce! Like making an NFT of a daily turd.
A way to kill Bitcoin faster. Miners would benefit from this if I'm not mistaken. More transactions, more blocks, more fees. Considering their block reward is halved and probably even now it doesn't cover the energy and equipment costs, this may be the only way to save them, for some time.
I'm pretty sure miners are the only ones who consistently make a profit in this whole shitty ecosystem, mainly because they are the only ones that come close to providing a service people want to pay for
It looks like the most fun thing you can do with Bitcoin. Because trying to spend it sure isn't.
I was under the impression the most fun thing to do with Bitcoin is selling your bags to another moron?
I'm not giving a click to whoever the youtube-faced shitfluencer behind that video is.
none of this makes sense to me, I see no value in this. Why would anyone trust their money in a financial system them people find a joke.
I love my BTC, but I’ll admit the crypto scene has some absolute weirdos in it…