The Ordinal Show
This space is hosted by TO
Space Summary
The Twitter space delved into innovative topics like home heat recapture for subsidizing operations, Bitcoin mining’s jurisdictional arbitrage, and Bitmain’s sale of rigs to Russian clients tied to oligarchs. The discussion highlighted the permissionless nature of Bitcoin, enabling jurisdictional flexibility. These conversations showcased the importance of innovative approaches in various industries, emphasizing the role of technology and forward-thinking strategies. The exchange of ideas and insights in this space grounded in innovation provided valuable perspectives on navigating challenges and opportunities in a rapidly evolving landscape.
Questions
Q: What hobby could be both useful and demanding when done at home?
A: Home heat recapture, which can potentially subsidize certain operations.
Q: How can devices like home heat recapturers subsidize certain operations?
A: By capturing and utilizing excess heat, these devices can reduce operational costs.
Q: What involves recirculating air in mining setups?
A: Some mining setups recirculate air to enhance efficiency and reduce energy consumption.
Q: Which company sold rigs to Russian clients and when?
A: Bitmain sold rigs to Russian clients, with some associated with oligarchs.
Q: Why do some believe Bitcoin mining allows jurisdictional arbitrage?
A: Bitcoin’s decentralized and permissionless nature enables miners to choose favorable jurisdictions.
Key Takeaways
- Home heat recapture could potentially subsidize operations.
- Some setups involve recirculating air to improve efficiency.
- Bitcoin mining involves jurisdictional arbitrage.
- Bitmain sold rigs to Russian clients
- often tied to oligarchs.
- Bitcoin’s permissionless nature enables jurisdictional flexibility.
Behind the Mic
it is going to say. That’s what they run with. And I don’t think that inclement is, you know, position himself. Having listened to him after a while and having listened to the nifty portal show for so many years, I don’t think that falls within that category. I think that there is a difference. And you mentioned, like, maybe he studied journalism, so, you know, maybe he didn’t. But I think that there’s a true role that content creators play in the space. Him being one of them, nifty portal being one of them, a lot of the different shows being one of them. Content creators and web three are the ones that move a bunch of the shit in the space, whether they want to or not. And there’s a reason for that, and it’s. A lot of it has to do with the relatability of it, right. When people want to learn about something, who are you going to learn it from? Yes, absolutely. Absolutely. There’s the experts. Absolutely. There’s the builders. Absolutely. There’s the big brained people in the space, but mostly they’re the ones that are going to be talking about it in a way in which you can hardly understand it. Case in point, ordinals and runes, that is why people complain about this shit. Remember going back, like, go back to when ordinals were just the thing? And I was one of the speakers on there, and I always used to say, guys, we need to change the terminology. We need to change the terminology. Nobody is going to understand what recursive inscriptions are. Nobody is going to understand why they’re called parent child. Nobody’s going to understand any of that. And, you know, fast forward to now, more than a year later. People are like, I don’t understand that shit. How am I supposed to buy into that? I don’t understand what the difference between a rune and a BRC 20. And so and so. And so and so. So. You know what? I’m just not even going to play that game. So content creators, in my opinion, play a huge role in the space. There’s hardly anyone who can actually go up now, like big God was trying to fight this whole notion. Maybe there’s no wash trading, maybe there is. Maybe that’s why our volume is down. But if you look at OpenSea and blur and, you know, mostly blur, I would say the wash trading. There were a lot of incentives. However, mostly it was just rewarding behaviors that already existed through gamification and actual reward structures, rather than just like VC money, like we’re seeing all these derivatives take place. So I think there’s a lot to unpack there, and it’s definitely a reason the volume is so down right now, but if it picks back up, I think there could be other reasons for it. But also, there’s a bunch of other marketplaces that are live out there now. We scanned and a few others that are out there are doing a really good job and have a good reputation and traction to build on. And so it’s not like it’s a winning game for blur necessarily with the volume side. It’s a market share game with who gets the users. And then none of this shit works if users don’t come. Like that’s there’s kind of this elephant in the room. I had an idea. You know who does membership cards really well? Oh, dude, I was going to ask you about that for new people who are joining. They use the crucial platform. And Mhmm. Prebuilt. Oh, wow. I think there’s some. No, I think it’s used. That’s crucial. That’s the company in the USA owned by. And they’re used by a lot of different people. And the other one, I forget the other card company that they use a lot. But the other one is crucial, and I think we could use that as well. Like a tender for. Yeah. That would be great, because then you just make sure that every single card gets used. Because I thought it was a magnet. Do you guys know how magnets work? Do you obey your wallet? I mean, I don’t know. Magnets kill Web three membership cards do still. Right? I think that’s right, yeah. Yeah. And if I switch this, yep. Your airgap validator comes in at the end. And uh huh, uh huh. So I think we did cover a lot of things. We did cover a lot of things. Yet it was good. We got it. We got it all squared away from the program. What a great show. We solved the whole marketplace issue and Clementes. Okay, we were back, man. Well, I don’t record. Maybe we’ll have him next time. But it was great listening in on these topics of the day. Good job, everyone does. This is kind of fun. It’s a great look at all that bad stuff that’s going on and back and forth, but I think it’s kind of fun. The weather is great. The boat is working. It’s a good time of year. We keep it up. Oh, man. It’s always great to have you to have you back, especially on this show specifically. I’m so appreciative of you taking the time and always coming back and checking us out. And it’s time we start hanging out more. I think more of the adversity. And you got to just be in there. You got to track the trends and kind of know what’s up, at least to some extent. And you guys are definitely extending that exact thought process. So it’s great to always tune in and tap back in with what’s happening. It’s great to hear from everybody, actually. I haven’t seen from everybody. I’m probably shouting everyone’s. We’ll be back with at least one more content creator session for the summer. But other than that, yeah, it’s been a pleasure chatting with everybody and having you all back catch us next week and again, so forth. But until then, it’s been a great way to end the week. And I look forward to seeing you guys then. Thanks again. I’ll take that as a as a see you next week and yeah, enjoy the show. Cheers, everybody.
