Bitcoin Wizard Creator Raises $150K in BTC via Lightning, Despite Criticism

• The original creator of the 2013 Bitcoin Wizard meme raised nearly $150,000 in BTC via the Lightning Network with help from Udi Wertheimer and Taproot Wizards.
• Despite the success of this minting and sale, Bitcoin maximalists and r/bitcoin moderator Bashco expressed dislike for it.
• The proceeds went to support the artist and most Bitcoiners are builders, explorers, researchers, and not like those who call themselves maximalists.

The Original Bitcoin Wizard Artist

On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise nearly $150,000 in bitcoin.

Successful Minting & Sale

With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, people appreciate the concept and demand for it continues. This week, Taproot Wizard and crypto advocate Udi Wertheimer told a story about how the creator of the original bitcoin wizard meme raised 6 BTC through a collection of ordinal inscriptions to celebrate its 10th anniversary.

Criticism From Maximalists

While the minting and sale were successful, Wertheimer explained that bitcoin maximalists and r/bitcoin moderator Bashco disliked it. He mentioned how Bashco is well known „for supporting extreme censorship“ over at r/bitcoin subreddit. He said that maximalists hate ordinal inscriptions because they have decided JPEGs are evil despite wanting bitcoin to be used as world currency.

Support For The Artist

The proceeds from this sale – over 6 BTC within 3 hours – went to support the artist which was made possible by using Bitcoin (BTC)and Lightning Network. Watching everything transpire made Udi happy but he also noted that people like Bashco did not approve of it due to their beliefs about JPEGs being evil.

Most Bitcoiners Are Not Like Maximalists

Despite people like Bashco calling themselves maximalists ,Udi insists that most „Bitcoiners aren’t like this.“ Most real Bitcoiners are builders, explorers, researchers instead of those who follow such extreme censorship rules as seen in r/bitcoin subreddit