IN THIS EPISODE, YOU’LL LEARN:
00:00:00 – Intro
00:00:30 – What are ordinals?
00:07:46 – A background on the current mining company that nearly filled an entire block with a .jpg file.
00:27:22 – The idea of a soft fork limiting an op-push in the input / output portion of each block.
00:32:10 – A history on what updates occurred that allowed this to start happening on layer 1 Bitcoin.
00:45:29 – Is this a coordinated DoS attack on the network? Could it be? Are their concerns with illicit pictures being put onto the blockchain a potentially attack vector?
00:46:48 – Couldn’t node operators simply run a pruned node to defend against such an attack?
00:51:02 – What does this look like in 3 to 5 years from now if nothing is done?
00:52:32 – Thoughts on Charlie Munger’s Wall Street Journal article bashing Bitcoin.
?? Subscribe to the Preston Pysh channel: https://www.youtube.com/c/PrestonPysh
? Listen to our episodes here: https://link.chtbl.com/BTCTIP
?? Access our free show notes and transcript here: https://www.theinvestorspodcast.com/bitcoin-fundamentals/bitcoin-ordinals-and-nfts-on-layer-one-pierre-rochard/
?? RELATED EPISODES:
– (BTC109) Bitcoin Taro, GBTC Discount, & More w/ Pierre & Morgen Rochard: https://link.chtbl.com/BTC109
– (BTC095) Bitcoin Time Stamping w/ Pierre Rochard: https://link.chtbl.com/BTC095
? OTHER RESOURCES
– Connect w/ Pierre: https://twitter.com/BitcoinPierre
– Pierre’s mining company Riot Platforms: https://twitter.com/RiotPlatforms
– Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a special $140 discount: https://bit.ly/3WG6WU3
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
ABOUT OUR SHOW ?
On Bitcoin Fundamentals, Preston Pysh talks about the fundamentals of bitcoin, investing in bitcoin, news, deep dives and more on interviews with prominent people in blockchain technology.
? Website: https://www.theinvestorspodcast.com/bitcoin-fundamentals/
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
LISTEN OR WATCH ? OTHER SHOWS FROM OUR NETWORK:
? Dive into value investing and learn more about billionaires on We Study Billionaires: https://bit.ly/3dklKWR
? Learn from high-profile guests on how to succeed in markets and life on Richer, Wiser, Happier: https://bit.ly/3p3pcHZ
? Get introduced to the world of investing and business on Millennial Investing: https://bit.ly/3QakOTf
? Learn the ins and outs of real estate investing on Real Estate 101: https://bit.ly/3JDBXm1
? Learn everything you need to know about investing on The Investor’s Podcast Network: https://www.youtube.com/c/TheInvestorsPodcastNetwork
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
OUR FREE INVESTING COURSES/RESOURCES:
? Watch Preston’s interviews about bitcoin: https://www.theinvestorspodcast.com/cryptocurrency/preston-pysh-bitcoin/
?Stay up-to-date on financial markets and investing strategies with our daily newsletter, We Study Markets: https://www.theinvestorspodcast.com/newsletters/
? Warren Buffet Investing Course: https://www.theinvestorspodcast.com/warren-buffett-investment-strategy/
? Asset Allocation Course: https://www.theinvestorspodcast.com/asset-allocation-video-course/
? If that is not enough: https://www.theinvestorspodcast.com/tip-academy/
MY FAVORITE STOCK INVESTING TOOLS:
? (Paid) TIP Finance Tool: https://www.theinvestorspodcast.com/tip-finance/
? (Free) Fizviz: https://finviz.com/screener.ashx
??Complete list of tools I find most valuable: https://www.theinvestorspodcast.com/stock-investing-tools/
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
WHO I AM:
I’m Preston Pysh, an entrepreneur, investor, author, and cryptocurrency ? proponent. I’m the founder of BuffettsBooks.com and Pylon Holding Company. I have authored and co-authored ?? a number of investment and autobiographical works and also wrote multiple finance and investing-related articles for Forbes from 2016 and 2018. I take great pleasure in taking complex ideas ? and making them accessible.
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
GET IN TOUCH WITH ME ?:
I’d love to hear from you! Send me a tweet ? directly at https://twitter.com/PrestonPysh if you’d like to have a quick exchange of thoughts!
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
? DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.