
Unchained
Stacks’ Muneeb Ali On Why Bitcoin Is Exciting Once Again - Ep. 612
Feb 23, 2024
Muneeb Ali, co-creator of Stacks, dives deep into Bitcoin's vibrant evolution fifteen years post-launch. He discusses the surge of innovation in Layer 1 and the potential of Layer 2 solutions, like BitVM, which he predicts could revolutionize the network. Muneeb shares his thoughts on Ordinals Inscriptions, addressing heated debates among core developers. He emphasizes the importance of smart contracts on Bitcoin and explores how recent advancements could enhance its role in decentralized finance and institutional adoption.
46:58
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Quick takeaways
- Bitcoin's Layer 1 innovation driving excitement in the crypto space
- Rising interest in Bitcoin's Layer 2 solutions for scalability and functionality
Deep dives
Future of Bitcoin
The podcast discusses the current excitement surrounding Bitcoin, highlighting the recent innovative activities directly on the Bitcoin L1. Notably, the rise of Bitcoin NFTs and 'ordinals,' leading to increased trading volumes and interest. The discussion shifts to the renewed interest in Bitcoin L2s due to rising fees on the L1, emphasizing the importance of scalability and improved functionality for Bitcoin.
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