Why Bitcoin’s ‘Monetary Maximalists’ Oppose ‘JPEG Enjoyers’ (and Why They’re Wrong)

Why Bitcoin’s ‘Monetary Maximalists’ Oppose ‘JPEG Enjoyers’ (and Why They’re Wrong)

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Source: Coindesk.com

In the nether realms of crypto-Twitter/X, there is a brewing civil war between the “monetary maximalists” and “JPEG enjoyers.” While the Bitcoin network is limited in its storage capacity, the threshold for confirming transactions of any kind whether monetary or any arbitrary data from things like Ordinals inscriptions and meme coins is actually quite limited within each block.

Read More https://www.coindesk.com/consensus-magazine/2024/04/17/why-bitcoins-monetary-maximalists-oppose-jpeg-enjoyers-and-why-theyre-wrong/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Why Bitcoin's 'Monetary Maximalists' Oppose 'JPEG Enjoyers' (and Why They're Wrong)" appeared first here Coindesk.com.

Source: Coindesk.com

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