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Home»TRADING NEWS»Udi Wertheimer urges adoption and not overlooking Bitcoin ordinal numbers.
TRADING NEWS

Udi Wertheimer urges adoption and not overlooking Bitcoin ordinal numbers.

By Crypto FlexsJanuary 2, 20242 Mins Read
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Udi Wertheimer urges adoption and not overlooking Bitcoin ordinal numbers.
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Udi Wertheimer advocates the adoption of Bitcoin Ordinals and fights against those who want to remove them. However, many people reject the concept of Bitcoin Ordinals, which are similar to non-fungible tokens (NFTs) but reside on the Bitcoin blockchain.

“I’m not trying to convince you that the inscription/BRC20/stamp/etc. is not spam/scam/whatever,” the post said.

People should experiment with Bitcoin ordinal numbers

Wertheimer said in a post on X (formerly Twitter) that people should not undermine Bitcoin ordinal enthusiasts and developers working in the field. He declares that “many ordinal teams have very strong developers.”

Instead, he encourages his 183,400 followers to experiment with Bitcoin ordinal numbers.

“So download the ordinal wallet, load it with ~0.005 BTC and play around. I think I’ll probably lose it all. “Your goal here is not to make money, but to understand the ecosystem and what drives it so you can do something about it.”

Read more: Bitcoin NFTs: Everything You Need to Know About Ordinal Numbers

Miners expect Bitcoin ordinal adoption.

Wertheimer emphasizes the importance of ordinal numbers in the Bitcoin blockchain, but argues that Bitcoin’s role as a store of value is more important and important than anything else.

“There is no doubt that BTC is more important as a store of value as we think ordinal numbers are, and this issue will eventually resolve itself,” he said.

BeInCrypto recently reported that Ordinals are attractive to Bitcoin miners. Bitcoin educator Kashif Raza said it provides more incentives for miners.

“Ordinals have been a blessing for miners, but sending microtransactions is a nightmare for retailers,” Raza said.

Read more: How to Prepare a Bitcoin ETF: A Step-by-Step Approach

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In compliance with Trust Project guidelines, BeInCrypto is committed to unbiased and transparent reporting. These news articles aim to provide accurate and timely information. However, before making any decisions based on this content, readers are encouraged to check the facts and consult with experts. Our Terms of Use, Privacy Policy and Disclaimer have been updated.

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