Ordinals are Mainstream Now

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In the latest episode of Bitcoin Season Two, hosts Charlie and Will Foxley provide a dynamic debrief of their recent experiences at Bitcoin 2024 and associated conferences in Nashville. They share highlights from a whirlwind week filled with numerous interviews and panels, and discuss the extensive media coverage they participated in. Will, sporting an OG ordinals hat, engages in a lively conversation about the latest in Bitcoin news and insights.

Charlie and Will delve into the impact of former President Trump’s speech at the conference, noting his strong stance on Bitcoin and crypto, particularly his commitment to not selling the U.S. government’s seized Bitcoin. They analyze Trump’s emphasis on reducing regulation, increasing domestic energy production, and making Bitcoin mining a key focus in the U.S., highlighting how these points resonate with the Bitcoin mining community.

The episode also touches on the technical aspects of Bitcoin, including the confirmation of a version three transaction on the blockchain, which aims to address transaction pinning issues and improve relay policies. Charlie explains the significance of these developments and how they contribute to the overall Bitcoin ecosystem.

A key topic of discussion is the current state of the ordinals market. Charlie and Will explore the declining market cap of runes and the challenges faced by ordinals collections, attributing some of the market’s struggles to sophisticated actors manipulating floor prices. They discuss the potential for recovery and the presence of significant “dry powder” in the form of Bitcoin held by wallets that have previously engaged in inscription purchases.

Throughout the episode, the hosts promote their new YouTube channel for Bitcoin Season Two, encouraging listeners to subscribe and participate in giveaways. They also highlight other content available through Block Space, including the Mining Pod and the Gwar Show, and invite their audience to subscribe to their newsletter for regular updates.

Charlie and Will conclude the episode with a call to action, urging listeners to stay tuned for more Bitcoin news and analysis, and to engage with their content across various platforms. The podcast episode is a comprehensive mix of conference insights, technical updates, market analysis, and community engagement, providing valuable information for Bitcoin enthusiasts.


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