Recently, a new phenomenon called Ordinals, known as NFTs on Bitcoin reignited interest in Bitcoin and got people wondering - what else is possible and is this the start of something bigger?   At the center of this discussion is Stacks, a smart-contract layer built on Bitcoin that is working to unlock the $500 billion Bitcoin capital via DeFi, NFTs, and more.    In this Blockcrunch episode, Muneeb, co-creator of Stacks shares with us: How Stacks is going to unlock the potential of Bitcoin Why build on Bitcoin over other ecosystems Stack’s upcoming upgrades   Host: Jason Choi @mrjasonchoi . Not financial advice.     Timestamps: (00:00:00) – Introduction to Stacks (00:03:24) – Stacks over the years (00:07:28) – Path to becoming 1st SEC-approved token offering  (00:11:48) – History of Bitcoin and blockchains (00:18:53) – Ordinals drawing attention back to Bitcoin (00:30:37) – Why some Bitcoin Maxis hate Ordinals (00:36:38) – Ordinal’s use-cases  (00:40:49) – What exactly is Stacks (00:47:58) – Use-case of Stacks token (00:51:26) – Why build on Bitcoin over other ecosystems (00:57:08) – How Ordinals benefits Stacks     Sponsor message: Filecoin is enabling open services for data, built on top of IPFS.   Today, Filecoin focuses primarily on storage as an open service, but looks to build the infrastructure to store, distribute and transform data.   Join the Space Warp program (Live until March 2023) to be among the first to build on the Filecoin Virtual Machine (FVM) https://spacewarp.fvm.dev/     More Resources: Guest Stacks’s Website: https://www.stacks.co/ Stacks’s Twitter: https://twitter.com/Stacks Muneebs’s Twitter: https://twitter.com/muneeb   Blockcrunch Blockcrunch VIP: https://blockcrunch.substack.com/ Blockcrunch Twitter: https://twitter.com/theBlockcrunch Jason Choi’s Twitter: https://twitter.com/mrjasonchoi     Disclaimer: The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.   Full disclaimer: https://blockcrunch.substack.com/about  

Muneeb Ali, a Pakistani computer scientist and CEO of Trust Machines, dives deep into the transformative power of Bitcoin and Web3 technologies. He discusses how Bitcoin stands unparalleled in the cryptocurrency space, providing stability and a decentralized ownership model. The conversation also touches on the impact of blockchain on the financial landscape, the challenges of regulation, and the potential for cities to leverage cryptocurrency for governance through initiatives like Citicoins. Education in this fast-evolving domain becomes crucial for seizing opportunities.

The podcast delves into the growth and importance of Bitcoin Layer 2 solutions, highlighting the need for BTC capital in L2s and the potential for on-chain use cases to increase Bitcoin's value. It explores the evolution of Bitcoin's building culture towards L2 solutions, the emergence of Bitcoin roll-ups, the debate on Bitcoin's ecosystem and token value, and upcoming changes in the Trust Network ecosystem for Bitcoin's Layer 2.

Muneeb Ali, co-founder of Stacks and an early blockchain advocate, shares insights on the future of Bitcoin Layer 2 solutions. He discusses the crucial role these technologies play in enhancing Bitcoin's scalability and compares its capabilities with Ethereum and Solana. The conversation highlights Bitcoin's unique position as sound money and its growing utility in decentralized finance. Muneeb also delves into the innovative features of Stacks and explores evolving developer landscapes, underscoring the importance of infrastructure for broader adoption.

Muneeb Ali, co-founder of Stacks and CEO of Trust Machines, discusses the evolution of Bitcoin Layer 2 solutions and his journey into the cryptocurrency space. He dives into how Stacks enhances Bitcoin's scalability and programmability with smart contracts. The conversation contrasts Bitcoin and Ethereum's philosophical differences, while also exploring Stacks' unique tokenomics and community-building efforts. Muneeb shares bold predictions for the future of Bitcoin and the pivotal role of Layer 2 solutions in unlocking Bitcoin's full potential.

Muneeb Ali, the co-founder of Stacks, dives into the groundbreaking Nakamoto upgrade that propels Bitcoin Layer 2 innovations. He discusses the importance of community collaboration in executing such a significant project. The conversation highlights enhancements in transaction speeds and the introduction of SBTC for optimal BTC utilization. Additionally, Muneeb explores the potential of Bitcoin in decentralized finance, predicting market values could soar past $100 billion, and showcases how Stacks integrates with Bitcoin's security to fuel future innovations.

Muneeb Ali, co-founder of Stacks, dives deep into the exciting Nakamoto upgrade for Bitcoin's Layer 2 solutions. He discusses how this upgrade enhances user experience with faster transactions while maintaining security through Bitcoin's hash power. Ali addresses the challenges of coordinating global upgrades and the need for engagement in the crypto space, especially as elections approach. He also highlights Stacks' unique advantages over other crypto projects and the emergence of innovative concepts like BitVM in decentralized finance.

Bitcoin OGs McCormack and Ali discuss Bitcoin's functionality, Layer 2 solutions, market dominance, and core principles. They differentiate ETFs, emphasize Bitcoin's role in economies, and discuss the impact of ETFs like the SPOT Bitcoin ETF and Ether ETF on regulatory clarity and investor confidence.

Bitcoin's price surge above $53K, Stacks co-creator discusses Layer 2 developments. Insights on recent crypto crimes, Eigen's $100M funding round, Bitcoin's slow innovation pace, and upcoming Stax L2 upgrade. Embracing modern web wallets for active Bitcoin usage.

Stacks' Muneeb Ali discusses the exciting innovations in Bitcoin's Layer 1 and Layer 2, including scaling solutions and the integration of smart contracts. He explores the challenges and advancements in Bitcoin, highlighting trust assumptions in different scaling solutions and the potential of BitVM as a 'game changer'.