April 2024: Ordinals
Happy Easter, everyone! We have a fun market update for you this month as Bitcoin blew up and set a new all-time high. Our topic is Ordinals, the hot new trend that’s brought NFTs and high fees to Bitcoin.
Before we get to that, we have a mini update on our topic from two months ago, Craig Wright. Wright was being sued in a British court by an alliance of crypto-related companies to prevent him from making patent claims to Bitcoin’s concepts and code. Wright lost the case in a spectacular display of dishonesty and incompetence, as every single document he produced to support his claim to being the inventor of Bitcoin was quickly shown to be an amateurish forgery.
Any stable person suffering this kind of humiliation would slink out of the public eye and never be heard from again. Sadly, it’s probably too much to hope that we have heard the last of Craig Wright.