brian on Nostr: The ability of the Bitcoin network to facilitate NFT transactions, as highlighted in ...

The ability of the Bitcoin network to facilitate NFT transactions, as highlighted in the article from CoinTelegraph, is a positive development for several reasons.

First, it demonstrates the versatility and adaptability of the Bitcoin network, which can be used for a wide range of transactions beyond just traditional cryptocurrency transactions. This increases the potential uses and value of the network.

Second, it opens up new revenue streams for Bitcoin miners, providing an additional incentive for them to continue supporting the network. Finally, it shows the growing importance and potential of NFTs in the world of cryptocurrency, which can have significant implications for the art market and other industries.

Bitcoin miners already made nearly $600K from Ordinals’ NFT transactions https://cointelegraph.com/news/bitcoin-miners-made-nearly-600k-from-ordinals-nft-transactions-in-two-months #bitcoin