According to ChainCatcher, Paolo Ardoino, CTO of Bitfinex and Tether, said in an interview with CoinTelegraph Italia recently that “the financial world created by Bitcoin is not limited to transactions on the blockchain. Bitcoin is the freest currency transmission tool in history. Bitcoin is a perfect system: it is decentralized, unstoppable and secure.”
Regarding how the recently popular BRC-20 will affect the Bitcoin network, Paolo Ardoino said, “In fact, from a security point of view, the concept of BRC-20 and Ordinals does not invalidate Bitcoin. Obviously, the problem we have recently encountered is that the gas fees of all Bitcoin users are increasing: everyone who has to make ‘normal’ transactions and payments finds that their transaction costs have increased.
However, we have no control over how Bitcoin is used, and we cannot make ‘right’ and ‘wrong’ decisions. If a feature exists, then users have the right to use it. Bitcoin will always remain secure, it is the most secure solution available to us - and it remains scalable thanks to solutions such as the Lightning Network. Recent events have shown that many trading platforms have not implemented Bitcoin's scalability solutions over the past four years.
