Elon Musk’s unexpected support for Bitcoin Ordinals over NFTs
During a recent podcast appearance, Elon Musk, CEO of Tesla Inc, critiqued non-fungible tokens (NFTs) but inadvertently made a case for Bitcoin Ordinals, Bitcoin’s version of NFTs. The billionaire entrepreneur argued that NFT projects “should at least encode the JPEG in the blockchain,” a comment that was met with approval by many Bitcoin proponents. Musk’s […]