Three years ago, I wrote a whole post on HN warning about this: https://news.ycombinator.com/item?id=26220992 https://news.ycombinator.com/item?id=26220992 Ear

Three years ago, I wrote a whole post on HN warning about this: https://news.ycombinator.com/item?id=26220992 https://news.ycombinator.com/item?id=26220992 Earlier this year "Ordinals Theory" and now the "BRC-20" tokens have been taking off like crazy... https://www.coindesk.com/markets/2023/05/02/first-mover-americas-bitcoin-ending-week-on-positive-note/ https://www.coindesk.com/markets/2023/05/02/first-mover-amer... In anything that's NOT proof of work, I would be willing to engage and help the ecosystem. But with proof of work, I'm worried that the Bitcoin blockchain having MORE applications is bad for the world. I've spoken to people whose job it is to defend Bitcoin and they had to admit that, if market forces continue, then Bitcoin will start to cause blackouts for people around the world (in some parts, it already has). Ironically, the Bitcoin maxis probably hate that their beloved blockchain is now going to be overrun with degens bidding up their transaction fees to the moon: https://twitter.com/IntercoinOrg/status/1654355480569839616 https://twitter.com/IntercoinOrg/status/1654355480569839616 Anyway, I am wondering, maybe helping NFTs on Bitcoin and making degens have a mania and crowd out the Bitcoin transactions will actually make Bitcoin LESS attractive to the HODLers? In that case, I'd do it. I wish Bitcoin price would fall and make it uneconomical to mine it, while non-PoW projects like Polygon break free of it and see a lot more adoption.