Bitcoin has gone through fifteen years, from peer-to-peer electronic cash to digital gold, and now to a global reserve asset. Many people think its story is nearing its end, but I believe the real climax is just beginning. The Bitlayer project, with ID @BitlayerLabs , is pushing Bitcoin into a whole new era.
Through Bitlayer, Bitcoin finally has the opportunity to fully participate in DeFi, Web3, and emerging applications. We will see stablecoins generated with BTC as collateral, blockchain games using BTC as a payment method, DEXs with BTC as the core of liquidity, and DAOs using BTC as a governance tool. These applications mostly belonged to Ethereum or other public chains in the past, and now, Bitcoin is finally going to take the spotlight.
One day in the future, when we look back at crypto history, we may find that Bitlayer is Bitcoin's 'second awakening.' The first awakening was its recognition as digital gold; the second awakening will be its widespread use as a global financial infrastructure. And Bitlayer is the starting point of this awakening. #Bitlayer