blockchainreporter.net
Introduced in January 2023, Bitcoin Ordinals swiftly captured the attention of the cryptocurrency sphere. In just a matter of months, more than 10 million Ordinals were inscribed, bearing a striking resemblance to the familiar NFTs like Bored Apes and other analogous cartoons or artistic creations.
A notable addition to this collection emerged, referencing the enigmatic figure behind Bitcoin, Satoshi Nakamoto.
Destruction Breeds Creation
On October 31, 2023, marking the 15th anniversary of Nakamoto’s Bitcoin Whitepaper release, a set of 111 distinctive and enthralling Ordinals were inscribed. Accompanying them was an image featuring a poem dedicated to the creator of Bitcoin, titled “Destruction Breeds Creation.”
Subsequently, Bitcoin enthusiasts have embraced the anti-banking system sentiment and the belief that fiat currency is devalued due to the indiscriminate printing of notes and minting of coins by governments. In contrast, Bitcoin boasts a fixed supply, impervious to manipulation by any nation-state or governmental entity.
The recently introduced Ordinals collection has generated an atmosphere shrouded in mystery, much like Satoshi Nakamoto, who disappeared into the ether, leaving uncertainty about whether Nakamoto is an individual or a group.
Sending a Clear Anti-Fiat Message
Anonymous child inscriptions sit on Ord.io, which are full of symbolism and openly reject the establishment and its detrimental control over money. 100 x $100 bills, 10 x $10 bills, and 1 x $1 bill were burnt by the creators in the name of ‘Bitcoin Art’.
Blockchain Reporter believes that these particular Ordinals’ creators are keen on sending a clear message to the Federal Reserve that their bills or bank notes hold no value.
The message is landing at the most opportune of times as their popularity is once again picking up at pace, showing promise for BTC, its network, OGs, purists, and regular users. Blockchain Reporter will be watching this one. It could be quite extraordinary!