Crypto is stuck on a forever problem: Blockchains are too expensive when lots of people want to use them at the same time.
Except, it doesn’t have to be that way. Blockchains can be easily scaled with some old-fashioned cognitive reframing.
The fees aren’t out of control — it’s just price discovery.
Inscriptions are some of the purest forms of implied digital scarcity in the crypto space today. It used to be that crypto investing meant betting that a blockchain with its own mascot dog would probably be pretty valuable.
That devolved into gambling that tokens with only their own mascot dogs and little else might be worth even more. NFTs then made it possible to do away with…
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