Bitcoin finance, a new movement that seeks to bring decentralized finance (DeFi) to the Bitcoin network, is taking off with the popularity of Ordinals and BRC-20. In Episode 47, Jeff, founder of Merlin Chain — a native Bitcoin layer-2 network — explains how the BTCFi movement is evolving from BRC-20 to BRC-420, the issues layer-2 networks and Bitcoin face, and why the rise of building utility on the network is bullish for the entire ecosystem.

The views, thoughts, and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.

The evolution of Bitcoin Finance (BTCFi) from BRC-20 to BRC-420