Discover and read the best of Twitter Threads about #bitcoincore
Most recents (2)
🧵 A thread: Ordinals 🧵
1/6 - 💥👧👧👧 The NFT world has been buzzing with news of non-fungible tokens on the Bitcoin network! 🚀🌟 Remember the good old days of The Powerpuff Girls? Like Blossom, Bubbles, and Buttercup, Bitcoin NFTs are kicking some serious 💪! #BitcoinNFTs
1/6 - 💥👧👧👧 The NFT world has been buzzing with news of non-fungible tokens on the Bitcoin network! 🚀🌟 Remember the good old days of The Powerpuff Girls? Like Blossom, Bubbles, and Buttercup, Bitcoin NFTs are kicking some serious 💪! #BitcoinNFTs
2/6 - 🔍🤖🌟 The Taproot feature of the Bitcoin Core (BTC) network paved the way for the Ordinals protocol, a wallet dedicated to registering NFTs using Taproot to immortalize data on the network. It's like Ash's Pokedex, but for Bitcoin NFTs! 🤩🚀 #BitcoinCore #Pokemon
3/6 - 🎨🎭🎬 The Ordinals project assigns unique characteristics to each satoshi, creating common, rare, and legendary NFTs, just like the different Pokémon cards in our collection! 😎🎉 #SatoshiNFTs
1/ IT MAY SURPRISE YOU that, as a #bitcoiner, I think @BIS_org's proposed 1:1 capital rqmnt for #bitcoin is TOO LOW & view banks entering bitcoin trading as bad for banks & bitcoin's price volatility. The problem isn't Bitcoin--it's the banks.@ForbesCrypto
forbes.com/sites/caitlinl…
forbes.com/sites/caitlinl…
2/ @BIS_org's capital proposal completely missed biggest issue w/ banks holding #bitcoin on-balance sheet: settlement risk. Traditional banks are simply not set up operationally or technologically to hold on-balance sheet assets that settle in minutes w/ irreversibility.
3/ Many spoke out that the 1:1 capital rqmt was too high. But the opposite is true. The Basel III framework isn't set up to assess settlement risk. It doesn't have to, bc there are all kinds of operational fault tolerance mechanisms built into traditional financial markets.
