Michael Saylor, co-founder and executive chairman of MicroStrategy, has become one of the few Bitcoin maximalists to publicly promote Ordinals. BRC-20, an abbreviation for “Bitcoin Request for Comment,” is an experimental framework for creating fungible tokens on Bitcoin utilising the Ordinals protocol. However, as transaction costs have soared in recent weeks, Ordinals and BRC-20 tokens have grabbed centre stage. It sparked several debates among the Bitcoin community about whether the network was under attack and whether these transactions should be restricted. Saylor spoke with Decrypt News last week at the Bitcoin 2023 conference in Miami about Ordinals, BRC-20 inscriptions, and whether they could be considered unregistered securities. Saylor sees Ordinals as a beneficial development for the Bitcoin network, while he admits that many of the early use cases “aren’t terribly serious” and are more speculative.