Out of the Ordinal-ary: What’s going on with Bitcoin NFTs?

from FCAT Crypto Brief™ · host Fidelity Center for Applied Technology

Jason, Parth, and Ryan talk about the emergence of Bitcoin NFTs, Ordinals, and BRC-20 tokens –– and how they impact the overall Bitcoin and crypto ecosystem. The hosts also touch on trending news in the world of stablecoins. Episode Topics: [4:10] What Parth Tried This Week: Sats Names [8:50] Differences between Ordinals, NFTs, and BRC 20’s [13:44] How Taproot opened the door for Bitcoin NFTs [16:11] Why Bitcoin NFTs are different from Ethereum NFTs [18:45] Downsides of using bitcoin NFTs? [24:35] How will Bitcoin Ordinals/NFTs impact the bitcoin network? [28:37] Tether Announcements Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.