Michael Saylor Says, Early BTC BRC-20 Usage May be Illegal

The post Michael Saylor Says, Early BTC BRC-20 Usage May be Illegal appeared first on Coinpedia Fintech News

Michael Saylor, the Entrepreneur of MicroStrategy Inc, praised the recent progress of BTC ordinals and their potential use. Saylor claims the early uses of this tech are trivial and speculative. Ordinal NFTs on Ethereum with non-financial data in Blockchain inscriptions like images. BRC-20 tokens make BTC fungible with ordinals. In addition Saylor warns the misuse of fungible and BRC-20 tokens due to unregistered securities and calls it illegal or unethical.

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Michael Saylor Says, Early BTC BRC-20 Usage May be Illegal

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