According to @BitMEXResearch, large Ordinal-related image inscriptions are not a positive for Bitcoin and could have negative consequences by pricing out financial transactions, source: BitMEX Research on X, Sep 8, 2025. According to @BitMEXResearch, these large images may offer only a small side benefit for node runners, source: BitMEX Research on X, Sep 8, 2025. According to @BitMEXResearch, Ordinals-driven demand therefore poses a risk to financial transaction inclusion on Bitcoin, a factor relevant to on-chain trade execution and fee-sensitive strategies, source: BitMEX Research on X, Sep 8, 2025.

According to @adam3us, increased JPEG inscription activity on Bitcoin is pricing new users out of owning a UTXO and displacing economic activity central to Bitcoin’s value proposition, source: @adam3us on X, Sep 5, 2025. He states JPEG-related usage is extremely wasteful for Bitcoin blockspace even if it counts as economic activity, source: @adam3us on X, Sep 5, 2025. He adds such data should be stored on external services like Imgur or IPFS rather than on the Bitcoin blockchain, source: @adam3us on X, Sep 5, 2025.