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The Bad Crypto Podcast

The Rise of Bitcoin Ordinals

The Bad Crypto Podcast

Joel Comm and Travis Wright

Tech News, Business, News, Technology, Investing

4.71.2K Ratings

🗓️ 10 May 2023

⏱️ 31 minutes

🧾️ Download transcript

Summary

You might think that the Bitcoin blockchain is only good for one thing. Payments. Granted, that one thing is super important and the core of what Bitcoin stands for. But the Bitcoin blockchain has been used for storing documents and other data for years. Now, you can store NFT data on the Bitcoin blockchain, and it’s called Bitcoin Ordinals.

Today we welcome Bob Bodily from Toniq Labs back to the show to discuss what Ordinals are and just how popular they are becoming. We’ll even mint an Ordinal live on this episode.

It’s an unordinary Bitcoin Ordinal episode #682 of The Bad Crypto Podcast.

Full Show Notes at: http://badco.in/

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DISCLAIMER:

Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.

Support the show: https://badcryptopodcast.com

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Would you like to get paid to listen to this podcast?

0:02.9

Grab the fountain app for free and get all our badness,

0:06.3

but earn some sweet Satoshi's.

0:08.3

Download for free now at fountain.fm.

0:10.7

You might think that the Bitcoin blockchain

0:13.6

is only good for one thing, payments.

0:16.4

A granted, that one thing is super important

0:19.1

and the core of what Bitcoin stands for.

0:21.7

But the Bitcoin blockchain has been used

0:23.6

for storing documents and other data for years.

0:26.6

Now, you can store NFT data on the Bitcoin blockchain

0:30.4

and it's called Bitcoin Ordinals.

0:32.8

Today, we welcome Bob bodily from Tonic Labs

0:36.0

back to the show to discuss what Ordinals are

0:38.9

and just how popular they're becoming.

0:41.0

We'll even mint an Ordinal Live on this episode.

0:44.2

It's an unordinary Bitcoin Ordinal episode,

0:47.2

number 682 of the Bad Crypto Podcast.

0:56.6

We are the nifty nerds and we are here to say the words.

1:25.3

We've been talking about NFTs for a very long time,

1:35.7

but I don't think that we've talked too much about Bitcoin NFTs.

1:40.4

Things NFTs on the BTC, but today, we want to change all of that.

...

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