Ordinal NFTs will be at its very best a means to strengthen the bitcoin transaction fee market and at worst a spectacular fad that fades away with no wider negative consequences for Bitcoin. gckaloudis writes for The Node.
that once served as an advertisement for the /r/Bitcoin subreddit that takes up almost the entirety of a Bitcoin block? Sure. Fine. But why?. Ordinal NFTs is a good term – and it’s the term I’ll stick with – but out of respect for the sensitivities of hardline bitcoiners and in the interest of being as technically correct as possible, these are probably better characterized as “artifacts.
Practically, the strictest interpretation of the Bitcoin ethos would be that it doesn’t matter what someone does with their bitcoin so long as it abides by the rules of Bitcoin's software. If I want to waste my bitcoin on coffee then some other user is free to waste it on an Ordinal NFT. The conversation should end almost immediately thereafter.
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