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Is the Bitcoin blockchain the secret sauce for Web3? 🤯🌌
At the recent #PolygonGuildTampere event, I chatted with inspiring minds like Pepe, Esko, Jani, and Sami. This led me to explore Galaxy Digital's whitepaper on #BTC Inscriptions & #Ordinals. The findings are mind-blowing! 🚀🔗
Imagine Bitcoin NFTs as digital treasure chests on the Bitcoin blockchain 🌟🔐
Inscriptions store unique details about your digital assets, and Ordinals give each one a special ID. Boom! Now you have amazing, secure, and unstoppable digital collectibles on Bitcoin! 🎨💎🚀
The whitepaper predicts the market for these Bitcoin NFTs could hit $4.5bn by 2025! 📈💰 These innovations open up new possibilities and attract more users to Bitcoin ⚡🌐
It's incredible how quickly Ordinals have grown! In just a few weeks, we already have a wallet supporting them, and more advancements are coming 🌅🚀
These Bitcoin NFTs could transform decentralized software and Bitcoin scaling, making a huge cultural impact 💎🎨 This progress may also boost BTCUSD in the long run 🔝💹
Worries about harming Bitcoin's fungibility aren't a big deal. With 500m inscriptions linked to ordinals, only 0.2% of Bitcoin's total supply would become "non-fungible." 🔄🚫
Inscriptions can also enhance Bitcoin's security and fee market by increasing blockspace demand, shifting miner revenue from block subsidy to transaction fees 🔒💸
Expect more Bitcoin NFT infrastructure by Q2 2023, as wallets and marketplaces are already popping up 🛠️🌟
With this exciting Bitcoin-native development, there are countless opportunities for growth in the #Web3 ecosystem. Startups, dive into the captivating realm of BTC inscriptions and ordinals! 🚀💼
I need to dig deeper to grasp the full story 🤯
Can't wait to hear Bitcoin maxis thoughts on this. Dare I ask? 🤭
#bitcoin #web3 #inscriptions #ordinals
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