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Unlocking Bitcoin's Potential in DeFi
This chapter explores Bitcoin's role as an asset in decentralized finance (DeFi) and smart contracts, emphasizing its use as transaction gas. It discusses Layer 2 solutions, particularly the Nakamoto upgrade for Stacks, and the trade-offs between security and user experience. The discussion highlights Bitcoin's security reputation, significant capital locked in the ecosystem, and the growing interest from institutions, setting the stage for its evolving utility in the financial landscape.