Satoshi Saturdays: What Are Ordinals?

On this episode of Satoshi Saturdays, we are joined by our good friend Charlie Spears (@cbspears). Have you heard of these “ordinals”? What about NFTs on Bitcoin...yes, you read that right. Well, Charlie is here to help it all make sense. We begin with the basic foundational pieces and then build upon the ideas. Follow Charlie: Twitter: @cbspears Satoshi Saturdays is a short form news outlet focused on bitcoin and the Bitcoin network. We want to share with you the hottest topics of the week. Listen on your way to work, at the gym, or even with your friends and family! Time Codes: 00:00 - Intro 02:00 - Bitcoin News 05:30 - introduce Charlie 06:20 - Ordinal Theory 08:20 - Witness data 09:30 - Ordinal team is now a 20,000 person chat 13:00 - how ordinals affect mining/block space 14:30 - Does Charlie feel Bitcoin is money? 18:00 - Data layer or money layer 19:00 - Pleb nodes unaffected until ~2028 21:30 - no clean way to transfer inscriptions 24:00 - Fungibility 28:00 - WEB5 and inscriptions 30:00 - Pleb in 3rd world needs to be able to subvert authority using bitcoin 32:30 - more users onboarded in the last month than the past 10 years 34:30 - Ordinals will double the user base Connect with us! Get Gear: The Satoshi Shop Linktr.ee: The Nyc & Griff Show Twitter: @NycandGriffShow YouTube: The Nyc & Griff Show Content for The Nyc & Griff Show and Satoshi Saturdays is not financial advice and is to be used only as our opinions. The opinions we express are only representations of our own individual thoughts and no one else we are associated with.