Unlocking Bitcoin's Hidden Potential: The Future of BTC Fi and DeFi

A blocmates Orange
June 18, 2024

Welcome to the very first episode of A blocmates Orange, where we discuss anything and everything related to Bitcoin and its emerging ecosystem.

Jedi is joined by Rich from Core as they lay down the first building blocks of what’s in store on A blocmates Orange channel. The two explore BTC Fi, its roots in DeFi, and Bitcoin's evolving utility and programmability.

The discussion covers Bitcoin's historical and current roles—whether as a store of value or peer-to-peer cash—and highlights the ongoing rivalry between the Bitcoin and Ethereum communities.They provide insights into Core's vision of merging Bitcoin's and Ethereum's best features to create new opportunities in the crypto space.

The conversation also touches on merging Ethereum's innovations with Bitcoin's stability and the potential for Bitcoin-based DeFi protocols.

Practical and commercial aspects are addressed, including attracting Total Value Locked (TVL) and dealing with skepticism from Bitcoin maximalists. The transition from viewing blockchain projects as mere protocols to recognizing them as legitimate businesses is emphasized, focusing on revenue-based valuations.

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