Bitcoin NFTs, also known as ordinals or digital artifacts, are unique, individual satoshis inscribed with arbitrary content on the Bitcoin network. They are the result of applying ordinal theory to the satoshis, giving them individual identities and the ability to be tracked, transferred, and given meaning. This imbues the satoshis with numismatic value, allowing them to be collected and traded as curios. The inscriptions are as secure and decentralized as the Bitcoin network itself and can be stored in Bitcoin wallets and transferred using Bitcoin transactions. Although there are potential uses for off-chain colored-coins and public key infrastructure, for now these use-cases are speculative and exist only in the minds of fringe ordinal theorists.
In this video, we show you how to create a Bitcoin NFT using the OrdinalsBot.
All links embedded in this thread:
https://twitter.com/jonray/status/1623351609936805895
NFTreasure Discord (use #get-creative channel to access Midjourney): https://discord.gg/qe5qFNQzxu
Financial Disclaimer:
I am not a financial advisor. The ideas presented in this video are personal opinions and for entertainment purposes only. You are responsible for the financial decisions that you make. The ideas presented in this video are my opinions at the date of filming and may have changed in the future.
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