The recent launch of the Non-Fungible Token (NFT) called the Ordinals, introduced on the Bitcoin mainnet has created controversies in the community regarding the goodness of the protocol.
The software developer, Casey Rodarmor, shared a blog post last week, announcing the official launch of the protocol.
However, the launch brought back an age-old debate on the necessity of using Bitcoin for non-financial purposes. Currently, there are many crypto aspirants emerging with different opinions: some argue that the protocol offers more financial use cases for BTC. However, some crypto enthusiasts also say that the NFT would take Bitcoin beyond the view of Satoshi Nakamoto, the blockchain’s founder, as a peer-to-peer cash system.
Notably, the Bitcoin educator and marketing advisor, Dan Held, one among the enthusiasts who shared his views on the financial use cases of Bitcoin, which “drives more demand for block space.”
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Source: Cryptocurrency - investing.com
