BRC-20 is a scam! The Bitcoin network uses a UTXO (Unspent Transaction Output) architecture, and this design fundamentally determines that the BTC network cannot support any computational functionality, let alone advanced features like EVM (Ethereum Virtual Machine). Currently, all so-called BRC-20 protocols essentially rely on the Bitcoin network's 'message function' (such as OP_RETURN, etc.) for bookkeeping and token issuance. Claims that the BTC network can support smart contracts are completely false. In reality, these are just off-chain computations with the results recorded on-chain, and even the on-chain records depend on the 'message function.' The core value of Bitcoin lies in its miners. These miners invest massive sunk costs into mining, ensuring the accuracy, reliability, and decentralization of the BTC network. However, the ledgers of all BRC-20 protocols and their off-chain computation results are not verified by Bitcoin miners but are instead validated by the project servers. Miners are only responsible for writing 'messages' into the network and do not bear responsibility for their authenticity or accuracy. Therefore, equating the so-called assets of BRC-20 with the value of BTC is outright fraud!