Kevin Farrelly: DeFi is not a threat, but an evolution of BTC $BTC
Farrelly is the Vice President and Director of Digital Assets at investment firm Franklin Templeton.
▪️ Bitcoin is no longer perceived solely as "digital gold" — its potential is actively being explored in the DeFi space, alongside Ethereum and Solana. $ETH $SOL
▪️ The development of BTC DeFi does not threaten its core idea; on the contrary, it expands the utility of the asset for tech-savvy investors.
▪️ DeFi activity based on BTC can compensate for the decrease in block rewards through increased fees, thereby supporting the mining economy.
▪️ The integration of DeFi functions strengthens the Bitcoin network, enhances returns for holders, and promotes the sustainable development of the entire ecosystem.
