nyambonickson

bitcoin

If you've dabbled in the cryptocurrency world, you might know of bitcoin as a "store of value," and ether (the Ethereum Network token) as the "smart contract thing."

Yes, you can build cool stuff on Ethereum. You can write "smart" and programmable contracts. You can mint NFTs. You can create entirely new decentralized finance (DeFi) ecosystems on Ethereum and come out with your own tokens if you wanted to.

But ultimately, none of that cool technology that's sitting on top of the Ethereum blockchain or any other blockchain project matters in the long-run. Why? Because the next generation of the internet should and will be built on Bitcoin instead.

DAY 20: DeFi on Bitcoin

One small step for Bitcoin, one giant leap for mankind.

For Bitcoin, global adoption is just a few more nodes. But for humans, it means finally reaching a point where we share a common currency — the bitcoin standard. One day in our future, we may just adopt a global bitcoin standard, where country currencies are either backed by bitcoin or we simply default to some scalable Bitcoin system (such as the Lightning Network).