Ordinals are an attempt to do NFTs on the bitcoin blockchain, using Taproot exploits
2022 started as a fruitful year for Bitcoin and Ethereum miners, as prices for bitcoin and ether were just slightly below their ATH mania in 2021. However, as the year progressed, many miners soon ran into trouble as global macro and crypto markets collapsed from central bankers’ desperate attempts to maintain control of runaway inflation through various monetary policies and a significant escalation in the Russo-Ukrainian war.
The future of bitcoin in 2023 is a topic of much speculation and debate among experts in the field of cryptocurrency. Some predict that bitcoin will continue to grow in popularity and value, while others believe it may not be able to sustain its current level of success.
Yao Qian works in the technology department of People’s Bank of China, the country’s central bank and financial market regulator