BITBARS

If you've ever watched the mempool, you've likely seen these blocks of "gold" being inscribed. Surprisingly, I believe they best illustrate the bull thesis for Bitcoin Ordinals. Do you think network activity on Bitcoin will increase over the years? What about Bitcoin's price? If the answer is yes, then each of these blocks of "gold" will become increasingly more expensive to create. Just as Bitcoin itself transforms energy into value, Ordinals (theoretically) capture that value as well. This is a long-term thesis for these assets, but I believe it will prove true as Bitcoin continues to dominate global markets. High-quality art and collections with strong narratives will become increasingly rare and scarce. A supply squeeze is inevitable. Stack before it's too late.

about 50 of these have hit the mempool within the last hour, each wasting more than 264k weight units (over 1/16th of a block).