Discussing the Risks and Hedging Strategies of Bitlayer
• Technical Risk: BitVM is still iterating, and there may be verification delays. Hedge - Officially reserved 180 days 'emergency multi-signature' backdoor, can manually roll back in extreme cases.
• Regulatory Risk: The U.S. IRS's taxation stance on Wrapped BTC profits is undecided. Hedge - Promoting a 'non-custodial self-bridging' model to reduce custodial entity risk.
• Competitive Risk: Older projects like Rootstock and Stacks have already occupied some mental space. Hedge - Bitlayer differentiates itself with 'EVM + native BTC security' positioning and monopolizes BTC entrance traffic through mining pool nodes.
