It's actually kind of a big deal

[Anonymous No.17267484]

to have a deflationary, pure mined asset reside on top of Ethereum instead of on its own chain.It challenges many long held beliefs inherent to the BTC dominant era of crypto (which we have lived in but might not live in 5-10 years down the line).

[Anonymous No.17267501]

>>17267484
0xBTC is to crypto what postmodernism is to art. It deconstructs the Bitcoin idea (in Satoshi's whitepaper) into smaller pieces. It intentionally separates network security from issuance, and makes the claim that whatever vision Satoshi had for a global currency can exist within a localized environment (Ethereum), even an environment that explicitly rejected the core tenets of Satoshi's whitepaper upon creation. 0xBTC brings something new to the table that has merit for real ideological discussion, which is a level beyond discussions on novel solutions to technical challenges (oracle problem, fair gambling, distributed computing/rendering, etc).

[Anonymous No.17267522]

>>17267501
You don't have to think 0xBitcoin is useful. You don't have to like it, or use it, or even think about it. But don't brush it off just because you don't see the need. You can think something like postmodern art is stupid (pic related) but it's actually quite revolutionary for an artist to make something so unbelievably kitschy that it causes the word "kitsch" to lose all meaning. At the end of the day Jeff Koonz makes balloon animals that sell for orders of magnitude higher than traditional "high art" precisely because his art is significant in the centuries long debate on the purpose of art. 0xBitcoin will be seen, in time, as just as significant in crypto.