had a convo about “if purple app isnt discussing runes and its the biggest crypto moment in months why would i use it”

touché and good Q 

only answer i have is purple/blue app are wildly different ecosystems with different verticles flourishing 

there’s rune-equivalent innovation that only exists on farcaster

threadguy on farcaster | not threadguy on twitter 

Runes are overrated anyway, CT is in a diluted fever dream over them.

Anything with minimal onchain footprint that could effectively be retroactively stripped out of transactions under pressure from outside entities isn't something I'd get near.

Product Designer, spending time in /replyguys /chatbfg /design /fitness and Alfa at https://www.alfafrens.com/channel/0xb6aac0bd5e427902ee29f538980e52c7afa489ef

Bitcoin is very likely going to see adoption from institutions and governments in the future, who will have power to subpoena mining pool operators who currently control a majority of the network hashrate.

1/N

Since most data is offchain, mining operators could be pressured to not include inscribed transactions in blocks, or only include them if they revert the transaction back to a type that doesn't include metadata.

The fact that the data can't go directly onchain is problematic long term imo

Since etching/inscribing is permissionless, people could potentially include things like state secrets, CP, other unsavory things in transaction data. I think once the implications of this are apparent to large entities, they'll want to shut the party down.

2/N