Bitcoin Maximalist Michael Saylor Warns Against Legal Risks Of BRC-20 Tokens: 'You Can't Blame The Community For…'
Portfolio Pulse from Mehab Qureshi
Michael Saylor, co-founder of MicroStrategy, has expressed his views on Bitcoin Ordinals and BRC-20 tokens, warning against the legal risks of unregulated tokens. He suggests tokenizing stocks and ETFs trading on NASDAQ as a legal and ethical use-case for BRC-20 tokens.
May 23, 2023 | 4:15 am
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MicroStrategy co-founder Michael Saylor warns against legal risks of BRC-20 tokens, suggesting tokenizing NASDAQ stocks and ETFs as a legal use-case.
As the co-founder of MicroStrategy, Michael Saylor's views on BRC-20 tokens and Bitcoin Ordinals may influence the company's direction. However, the impact on MSTR stock price is uncertain as it depends on the market's reaction to his views and the potential adoption of his suggested use-case.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100