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‘Bitcoin NFTs’ Aren’t New, But Blockchain Purists Are Now on the Defensive

Counterparty and Stacks set the stage for NFT-like assets built around Bitcoin, but Ordinals takes a new approach.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

‘Bitcoin NFTs’ Aren’t New, But Blockchain Purists Are Now on the Defensive
Counterparty and Stacks set the stage for NFT-like assets built around Bitcoin, but Ordinals takes a new approach.

Why this matters

This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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