#nostr #bitcoin

It was about time. UTXO's are future-proof now! ☺️ https://image.nostr.build/a2ca7e7d48da788bf59d6ee674ef83cdcc5e0100745306ac90dc62baa9952948.jpg#m=image%2Fjpeg&dim=1336x568&blurhash=Z96Ha5s%3FvzsGJJn%2CN%3BawR%7DNU%24qW-W7s%5BNosFW%2CjsVnNVtWoiW8stR%7Cn-j_W-W7R%7Cojjaaws%40WSn%25&x=b1e5627245fd73ff75f111db788b7c07765d1c1a3cbd75828f6735f80e6d91fc

Gadsden flag just got another upgrade! Idea stolen from @Bitcoin Magazine (I think...) but made some improvements. And better Quality. https://image.nostr.build/07d306b2e470ff77b4d5e5cd5c74c2eaaad5f08dd317142bd76501f7264d158e.jpg#m=image%2Fjpeg&dim=1875x1250&alt=Gadsden+Flag+Bitcoin+Edition.&blurhash=rIS34Aad%7BHtSK%2BROrptRR%2C-UayNGoeSiaxs9fkkC%2BFkDGbVs%236o%7DS%24V%40ofENbH%24%25n%24s9W%3DNxoJni-UWBNHt7R%2CRjt7ofi_M%7Co0t7SOjEsSofWWS2&x=67c0d46034a3f49f7a0da9437ab2490a2043cec2896a80e34f7c035c840fecda

Fountain

Bitcoin Audible • Read_783 - Ordinals Are Fiat, Inscriptions Aren't Rare • Listen on Fountain

"Nothing in the ordinal logic requires inscriptions to be linked to the “first” sat. So why is it the first sat of the first output? Why not th...

Great insights I got after listening to this podcast: Bitcoin and ordinals are just an arbitrary way of looking at the Bitcoin blockchain. With the only difference that it's more easy to look at the Bitcoin blockhain with bitcoin glasses rather than ordinals glasses. For the simple reason that the system was purpose build for the Bitcoin idea. The blockchain is just a database which can be altered by rules baked into code. Which is our best attempt of translating the Bitcoin rules into code. Ownership can be found in Identifying arbitrary objects (they need to be arbitrary, because technically speaking you can only add real objects to the database AKA new chunks of data) in this database which you and only you can move with your private keys. For now the only know valuable (in my view at least) objects, you can own, are UTXO's, and more general the Bitcoin. (Ordinals and Inscriptions are not, because there is no point in ownership if you can't do anything with it.) Which is expected. Because that's where it is designed for. But that does not mean that other valuable ownable objects can never be found on the Bitcoin blockchain.

Interesting! 🤔 View quoted note →

For people loving this flag as much as I do, here is the Gadsden Flag in #Bitcoin orange.