We Study Billionaires - The Investors Podcast

Pierre Rochard comes back to the show to do a deep dive into ordinals and the impact of people being able to put NFTs onto the base layer of the Bitcoin protocol. Many people in the space are currently debating whether this is a good thing or a bad thing, and there's no one better than Pierre to provide a good objective look at what it means and whether it potentially presents an attack vector to the protocol in the long term. Pierre has an in-depth understanding of the code, how exchanges work, mining, and everything else in between. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 01:30 - What are ordinals? 11:37 - A background on the current mining company that nearly filled an entire block with a .jpg file. 29:07 - The idea of a soft fork limiting an op-push in the input / output portion of each block. 34:50 - A history on what updates occurred that allowed this to start happening on layer 1 Bitcoin. 50:20 - Is this a coordinated DoS attack on the network? Could it be? 50:20 - Are their concerns with illicit