5 Things You Must Know About Bitcoin NFTs

Are Bitcoin NFTs Ordinals worth exploring? Ask yourself these questions first…

The Bitcoin network is on fire.

No, it’s not the miners, the BTC whales, or Michael Saylor posting another penetrating tweet that’s driving the network to new ATH usage every day.

It’s the 250k freshly “inscribed” Ordinals having a rave party on Block 42069 of Bitcoin. Today, I welcome you to the dungeon of knowledge as we explore this new crypto narrative, its opportunities, and risks.

Table of contents:

• The Long-Story Short Of Bitcoin NFTs
• Benefits and Downsides of Bitcoin Ordinals
• 5 Questions To Ask Yourself Before Investing
• Understanding The Risks of Bitcoin NFTs
• Final Thoughts

The Long-Story Short Of Bitcoin NFTs

Here is the compressed version of the history of Bitcoin NFTs

• Jan 03, 2009 — Satoshi Nakamoto creates the Bitcoin network
  - the BTC network consists of bitcoins (capped at ~21M)
  - each bitcoin consists of 100,000,000 micro units (satoshis/sats)
• 2009–2021: Crypto grows as a trillion-dollar asset class
  …