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Lark Davis – Bitcoin Most Just Don’t See This (05.04.2024 Summary)

Lark Davis – Bitcoin Most Just Don’t See This (05.04.2024 Summary)

Crypto Land is a wild and exciting place! According to Lark, Bitcoin is the OG of the bunch, and it’s been steadily climbing up that crypto mountain. But the real party is happening in the Bitcoin ecosystem, as Lark has been highlighting.

  • We’ve got all sorts of new toys to play with – Bitcoin NFTs, Bitcoin tokens, and even Bitcoin decentralized finance (DeFi)!

  • Lark pointed out projects like Ordinals, which are allowing the creation of Bitcoin-based NFTs, and Runes, a new protocol for deploying fungible tokens on Bitcoin. And then there’s the likes of Ordiswap, which is building an AMM infrastructure for these Bitcoin-based tokens, essentially bringing the Uniswap experience to the Bitcoin network.

It’s like a whole new world has opened up for the Bitcoin faithful. Sure, the Ethereum folks have been having their fun with all their Layer 2s and whatnot, but now it’s Bitcoin’s turn to shine, as Lark has been emphasizing. Projects like Portal and Bitlayer are bringing DeFi capabilities directly to the Bitcoin blockchain, without the need for wrapping or synthetic assets.

  • The best part? We’re just getting started. The big banks are finally starting to get in on the Bitcoin action, with Morgan Stanley and UBS racing to be the first to offer Bitcoin ETFs, and Lark is excited about the implications of this. He thinks it’s going to be a tidal wave of money hitting the crypto markets, and Bitcoin is going to be riding that wave straight to the moon.

Of course, we’ll probably see some crazy volatility along the way, but hey, that’s all part of the fun, right? So buckle up, crypto fans, because things are about to get wild. With new Bitcoin-based projects popping up left and right, and the big money starting to pour in, we’re in for one heck of a ride.