Building DeFi on Bitcoin

by | Jul 22, 2021 | Crypto, Money | 0 comments

This video, discuss the latest news about Square and Jack Dorsey starting a new business to build DeFi on top of Bitcoin.

The video discuss the basic principles of layered architecture, and how important it is to build on a strong foundation. Bitcoin is a much stronger and more secure and decentralized foundation than Ethereum, so it makes sense that much of DeFi will migrate to Bitcoin.

Atomic Finance, Stacks, RSK, Sovryn, and the Lightning Network are just a few examples of DeFi and Layer 2 solutions that are being built on Bitcoin.

Money has the tendency to converge to a single currency (it's been the US dollar since Bretton Woods and 1944). Bitcoin is the best choice for the world's future reserve asset. Like Amazon, Bitcoin is eating the monetary world, including DeFi.

There are some suggested blogs you should read:

Best Investments To Beat Inflation

Best Investments To Beat Inflation

Welcome to the Topic “Best Investments To Beat Inflation” The majority of Americans now view price inflation as an unavoidable aspect of everyday life. You hear about inflation in the news and see it when you go to the grocery store. Hopefully, you've given some...

read more
Best Done For You Affiliate Marketing

Best Done For You Affiliate Marketing

Welcome to the Topic “best done for you affiliate marketing” An effective method for generating passive money is through affiliate marketing. You can either begin your programme specifically for your company or become an affiliate yourself. In order to bring in a...

read more
5 Smart Strategies to Deal With Inflation

5 Smart Strategies to Deal With Inflation

Welcome to the Topic “5 Smart Strategies to Deal With Inflation” You are not the only one if you get the impression that you have been required to pay more for everything in recent times. Over the course of the past year, inflation has skyrocketed. This is the highest...

read more
How to Fight Inflation Rate

How to Fight Inflation Rate

Welcome to the Topic “How to Fight Inflation Rate” Recently, you've seen increasing pricing at the petrol stations and grocery shops. According to the Consumer Price Index, the cost of goods and services in the United States rose by 7 per cent between December 2020...

read more