Elon Musk has criticized NFTs on the Joe Rogan Podcast, which has pleased Bitcoin enthusiasts. Musk expressed concerns about NFTs that do not exist fully on the blockchain but instead are linked to external servers, as this puts NFT owners at risk of losing their assets if the hosting company goes out of business. Musk's comments contribute to the ongoing debate in the NFT community regarding the authenticity and security of digital art represented by these tokens. Bitcoin enthusiasts used this opportunity to highlight Bitcoin's Ordinals protocol, which securely inscribes artwork and media onto the Bitcoin blockchain itself, offering an alternative approach to NFTs compared to Ethereum's model. They emphasized that as long as the Bitcoin network functions, the NFTs remain accessible.
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