@sethje0ng "Semi-stable pair"

@CryptoTetsugan Rather, I think that behind-the-scenes business could be a major division in itself. If there was a large hub that could simultaneously connect on/off-ramps and foreign exchange transactions, I'm starting to think its power would be enormous.

@hangome_sol In the end, we come back to square one. Why Blockchain? Please explain! @SlashWeb3

@hangome_sol They will likely charge card acceptance fees as providers, and network fees will also need to be paid. It's questionable whether there will be any cost-related benefits.

@Latteloveqqq It lacks the typical hype and dopamine rush as crypto products, which is why Japan seems to keep giving off the impression that it's fading away in the crypto scene haha.

Graphic credit: @Satoshi_BTCFi

Bera $BTC Standing By? $BTC receipt tokens from pre-deposits in Lombard (w/ Concrete) and Etherfi (w/ Veda) have been detected in OKX wallet. Other Bitcoin LST projects that have staked early for the Berachain migration include pumpBTC, uniBTC (w/ Cian), and Stakestone. For a while, a significant portion of retail-effective $BTC on EVM is expected to move to Berachain, existing in $BTC / $BERA and $BTC / $HONEY liquidity pools for $BGT and fee earnings. 📝Discussion The only incentive for $BTC to exist on EVM is yield farming through interest, fees, and tokens. Leaving the Bitcoin mainchain and exposing oneself to the security levels of other blockchains and interoperable networks would not align with institutional investment policy statements. Therefore, the driving force behind this capital will mostly be retail money. Retail money moves most freely according to economic incentives without any constraints. Thus, where it settles can be seen as the ecosystem that the on-chain community is most purely satisfied with. Neither Rootstock, Arbitrum, Base, nor any other new EVM based Bitcoin L2 has been observed to provide meaningful and continuous incentives (or enough utilities?) for retail on-chain $BTC. Will @Berachain be different this time? So far, we've seen many protocols at the dApp level that incentivize both liquidity provision and protocol ownership, aligning interests. However, this is the first time I've personally observed interest alignment at the layer level, i.e., in a complex system environment. The variable that it "won't Blast" might purely lie there. It will be worth observing whether it can grow into an ecosystem that continuously satisfies both retail capital and developers, and the trend of $BTC's share there will also be valid data. After successfully bootstrapping the alignment of liquidity provision & protocol ownership interests, the stress test that throws cold water will be the ignition point of a death spiral due to subsequent dumping of initial allocation or hacking. Anyway, wherever it is, I believe that anywhere $BTC is utilized in any form is also part of the Bitcoin ecosystem. Let's accumulate case studies from opportunities where Bitcoin is used in various ways. -- The original content of this discussion was initiated in "Orange Alliance," a Telegram channel for #Bitcoin enthusiasts in South Korea 🇰🇷 🍊Orange Alliance:

MEZO: The Layer Built with tBTC In 2020, @TheTNetwork introduced "tBTC", a trust-minimized $BTC usable on EVM, constructed by the $t token economy. Now, a sidechain emerges using tBTC for gas fees and Threshold Network for BTC Peg In & Out: "MEZO". tBTC and Mezo can be viewed as complementary infrastructures aiming to expand the BTCFi ecosystem. tBTC has five years of proven performance. By extending its utility to its own chain, it aims to consolidate fragmented BTC ( $FBTC, $WBTC, etc.) across various chains into $tBTC to drive #BTCFi. This development and business expansion sequence appears elegant. Of course, in the current on-chain BTC consolidation era, the key issues are (1) how well @MezoNetwork will perform across huge numbers of L2, and (2) which product utilities will sustain its growth. Currently, MEZO's utility is broadly categorized and branded into the following product areas: Dual Ecosystem Model ("Cathedral and Bazaar") (1) Cathedral: A stable DeFi infrastructure based on tBTC, offering Bitcoin-collateralized stablecoin (mUSD) issuance and lending services. Users can perform financial activities in a blockchain-verifiable system without centralized dependencies. (2) Bazaar: A community-driven SocialFi and GameFi application layer, rapidly implementing innovative ideas through experimental projects like Activities You Can Contribute To Now 1. $BTC Deposit: Lock up BTC for 2, 6, or 9 months to accumulate mats. 2. Mint $mUSD on Testnet: Convert mats to BTC on the testnet and issue mUSD.

@CryptoTetsugan @ZeusNetworkHQ @ApolloByZeus Love the term, "GDP"

@Touslesjours_70 Why my bone hurts too..

@gmchung94 @ALEXLabBTC I‘ve been just also looking for a place to LP for $BTC with V3. And I found the season of cbBTC LPing has already dead. The organic demand of the on-chain BTC trading will settle on the chain that represents the foundational source of actual BTC transactions!

Remember the fundamental principle: The economic incentive for contributing to Stacks network security is designed to be in "Bitcoin" From @Stacks' perspective, this might be considered a well-known narrative, like an overused stock phrase, as it has been a fundamental aspect since the 2.0 era. In fact, this is still clearly one of the strongest selling points to the #Bitcoin community. Also, since there was a great reset of on-chain users in 2022... there has been a generational change with many new users flowing in during 2024. Even more will likely come in 2025, right? Since the Bitcoin layer ecosystem itself is a newly spread narrative since 2023, there are likely many users who have recently become interested in this sector. I think it's time to return to basics and appeal to the global crypto community, strongly emphasizing that the economic incentives on the blockchain for contributing to Stacks network security is 『 $BTC 』 and focus on activities that attract new users' attention to Stacks. This still should be super valid to attract the attention of new users to Stacks. The old master never dies. Back to the basics. And yet it moves. ✍️ Here's a brilliant idea shared by my friend @jaemin_eth We need to create a dashboard like Ethereum's showing how much $BTC has flowed to stackers through POX since the beginning. Let's display in an easy-to-understand format the cumulative amount of $BTC that has been transferred, as well as the YTD amount. The cumulative value will serve as a proxy representing the impact that the Stacks network has created through its consensus mechanism alone. When expressed in current USD quotes for BTC, I believe this value is tremendous. Additionally, the YTD value will be a useful indicator to appeal to new users, showing them that they too can earn #BTC just by stacking. ULTRA SOUND BITCOIN

@cypher_nk Hit it hard and break down that door.

As years pass by, the gap between on-chain degens and the general public continues to grow infinitely wider. At the same time, we must note that the value-add potential between these two groups is also growing infinitely larger. This represents an opportunity, though it's certainly not easy and no one has succeeded at bridging this gap yet. A trump card is needed.

The customer acquisition cost for current on-chain products has been skyrocketing since 2019, setting new all-time highs each year. Of course, once user and community adoption is achieved, more users enter and the cost expenditure becomes justified. The sustainability continues to be discussed. Moreover, accelerating the adoption by permissionless and diverse on-chain builders can significantly lower these costs. The value-add of accessibility for general users is clearly comparable to a ‘gold rush’, but no one has yet broken through that activation energy barrier. What could be the catalyst? Since the ICO boom era, there have been plenty of visionaries, but some were rugs, while others did their best but only drew pictures and failed for various reasons - whether it was insufficient funding, lack of execution, unsupportive regulations, or macro headwinds. Now, what is that item? I believe now in 2025, Sony could achieve that success with relatively fewer cost from trials and errors than anyone else. If you always communicate about the process and specific strategies, more people will resonate with that vision, and the economies of scale will truly become permissionless.