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Ordinals founder: It is wiser to invest 90% of investment funds in Bitcoin L2 network than in centralized Bitcoin startups

2024-05-13 03:30
Odaily News Casey, founder of Ordinals, said in a post on the X platform that it might be wiser to invest 90% of the investment funds in the Bitcoin L2 network than in ordinary "centralized" Bitcoin startups. He believes that decentralization is best, but not everything needs or can be decentralized. Although market forces and competition are imperfect, they can force companies to provide high-quality, reasonably priced goods and services, otherwise they will be replaced by companies that can do so. Even imperfect market forces are a thousand times better than projects that are nominally decentralized or simply cannot work and will never be implemented.