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Home»ETHEREUM NEWS»Stacks creator Ali calls Bitcoin the ‘Apex Predator’ as development thrives on the OG blockchain.
ETHEREUM NEWS

Stacks creator Ali calls Bitcoin the ‘Apex Predator’ as development thrives on the OG blockchain.

By Crypto FlexsFebruary 28, 20241 Min Read
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Stacks creator Ali calls Bitcoin the ‘Apex Predator’ as development thrives on the OG blockchain.
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The way I see it, it’s the same as NFT. Yes, there are many other factors, but for Ordinals it’s just the fact that the images are literally on a chain. And it’s not on any chain, it’s on Bitcoin. Yes? We know Bitcoin is going to be around. I think one attribute stands out. As people feel, this is real and it will never go away and my digital art is now stored forever. And that’s it. I think that’s a base level property. And there are other things around it that are obviously of a lot of interest. And with Bitcoin DeFi, a key feature enabled by L2, I think we will see these simple fundamentals again. For example, one of the things I can think of is that a lot of people don’t want to sell their Bitcoin. So the very simple basics are: Don’t sell your Bitcoin, lock it up in a decentralized way and ensure liquidity. Get a stablecoin loan. Again, a simple concept that many people can understand and use. I think that’s how you start to have a lot of product market fit.

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