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TLS105: Lisa Neigut on the State of Bitcoin's Second Layer, L2 Interoperability, and More

The Kevin Rooke Show

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The Importance of Multiple Layer Two's

A layer two is a way of accounting for who owns what Bitcoin. Every single layer to has to have some Bitcoin somewhere that's owned by the system in layer one, right? So you can't get away from that. Everyone who's making an L2 has to build on top of L1 because your L2 needs to be based in Bitcoin and denominated in Bitcoin - which means you need to own Bitcoin.

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