I expect the peak expectations will coincide with the next bull cycle event around the next halving in 2024.
At that point I think Bitcoin-only versions of all the useful ethereum “defi products” will be built on Nostr as “layer 3”. At that point, ethereum devs will dump on everyone, in what will be remembered as the largest pump n dump scheme of crypto history.
Nostr will enable layer 3 on BTC. Remember, DAOs are just multi-sig.
Layer 3 = Layer 1 + Layer 2. Nostr = Schnorr signatures + lightning payments
That is an interesting take (L3) ....
We know the use case for L2 (such as LN) but what would it be for L3?
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L3 are mechanisms like markets, auctions, bargaining, multisig transactions, debt/credit or other kinds of social conventions backed by mathematics that lead individuals or groups to performing payments over L2 or L1
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