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We welcome you to the Bitcoin Bay Office for a workshop on "Blockspace Value Theory" (BVT).

What is Blockspace Value Theory?

Blockspace Value Theory (BVT) is a term originating from the Bitcoin Ordinals space, though it applies beyond ordinal inscriptions. BVT states that "Tokenized Blockspace" (inscriptions, runes, brc20 tokens and more) has a floor value proportional to the amount of blockspace used, and that the value roughly tracks price of transaction fees.

BVT originates from Bitcoin, but can apply to other blockchains too. Come attend the workshop to find out more!

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