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What do you all think about "BRC20" tokens?

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by COINS NEWS 86 Views

Is it just me or does it seem totally unnecessary? And that the fees were bad enough before them?

I'm not even a Bitcoin maximalist but I don't understand why it needs ghetto smart contracts and additional tokens on the blockchain. I also don't mind memecoins in general because they mock the world's financial systems amusingly. I just thought Bitcoin was primarily meant to be used as a currency and held? And, that blockchains like Ethereum, Stellar, and Algorand already handle this sort of thing well.

I don't know why we need them but I hope that Litecoin, and Bitcoin Cash never follow suit.

submitted by /u/ACE415_
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