Opinion: Bitcoin ordinals were doomed to fail

We can see today, a few weeks after the hype of BRC-20 tokens and Ordinals, that the excitement and trading volume has dramatically decreased.

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Personally, I think that it is not very surprising, and that Bitcoin ordinals were always doomed to fail and here is why:

(I know some of you will claim that this is just hindsight, so feel free to look at my previous posts. I have always been critical of ordinals)

• Bitcoin does not need ordinals and tokens. I think that one of the main reasons why it was doomed to fail is that there was no use case, no need for them. We already have built infrastructure and multiple chains dedicated and meant to support tokens, NFTs and smart contracts. BTC is not meant for that
• Much more complicated. Similarly to the previous point, other chains have a lot more infrastructure ready for these things. There are not as many options for BTC ordinals and tokens
• High gas fees. Ordinals pushed the gas fees into unseen territory. This is not sustainable, and I think many realized this, leading to the fall of ordinals
• There are a couple of different reasons, but I don’t feel like listing them all here

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Do let me know if you think I’m wrong or disagree with me, or if I missed any points

As always, good luck and happy trading