- Bitcoin Maximalist Jimmy Song criticized the Ordinals protocol, comparing it to a “pump and dump” altcoin scam.
- Song argued Ordinals capitalizes on Bitcoin’s reputation while pushing activities contrary to Bitcoin’s objective of economic freedom.
- Despite Song’s perspective, Ordinals finds support from others in the industry who see potential benefits.
Bitcoin developer Jimmy Song, recognized for his staunch maximalist stance, has voiced doubts about the Ordinals protocol, comparing it to a typical altcoin scam.
These remarks by Song emerged as the Bitcoin community engages in increasing conversations regarding the Ordinals protocol. Introduced in early 2023, this protocol has ignited discussions about its effects on the network.
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