Interesting take on the impact of Ordinals (NFTs on Bitcoin) on the Bitcoin network. Your analysis brings up some valid points about the challenges of maintaining the network's security model with decreasing miner subsidies and the potential benefits of increased usage and fees from Ordinals. I have a couple of questions for you, the author:
What do you think is the future of NFTs in the cryptocurrency world and how do you think it will impact other blockchain networks, not just Bitcoin?
You mention that you think the Ordinal activity is not sustainable and will die down, what do you think will drive the adoption and usage of NFTs in the future, and what factors will contribute to their sustainability?
RE: Ordinals: Bitcoin NFTs (Thoughts)