This Is the Vision for DeFi Built on Bitcoin
Odd Lots
00:00
Decentralized Finance on Bitcoin: Innovations and Challenges
This chapter explores the burgeoning DeFi ecosystem on Bitcoin, discussing sidechains like Liquid and RSK, which facilitate unique financial opportunities. It emphasizes the importance of self-custody and innovative features on the Lightning Network, such as smart contracts and decentralized options trading. The chapter further examines the cultural and philosophical distinctions between the Bitcoin and Ethereum communities regarding engagement and investment in decentralized finance.
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