Why does the Bitcoin eco_ not need DeFi when Lightning provides near-instant transactions at scale?


✅Chinese👇
DeFi dominates Ethereum yet relies on off-chain capital for yield.
Without backing, can DeFi self-sustain?
Could a social+light financial model work for Bitcoin?
explains how individualistic economies function based on continuous social recognition/validation by consumers, especailly in the dowanside of today_s economy.
Bitcoin on-chain eco_ has capbilities of universal recognition on condition.
We just need to take it and grab it.
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The Bitcoin ecosystem doesn’t really need DeFI, have you ever thought about it?
We already have the Lightning Network, which can provide almost the transaction settlement speed of Alipay, why do we need DeFi?
Let's take a step back and see, how does Defi do in the eth ecology?
Now defi mainly provides U.S. debt to generate income on the chain, single currency mining/dual currency mining, these ancient defi mechanisms are not working well, after L2 comes out, the liquidity on the chain will be divided, and the cross-chain bridge will also What is the main problem?
If there is no standard backing target for the assets on the chain, can the houses in the Metaverse count? Can I mortgage it?
These are bubbles now, but at the time, they were the narrative of ETH’s rise.
So how about adding some social attributes to BTC+?
In my opinion, the priority of this is much higher than that of ETH. The social elements on BTC will be more original, more pure, and more valuable. This is not only the long-term value given by BTC, but also the long-term value given by ETH. This guy from socialfi really gives me face
Miura Shun mentioned in the book "The Lonely Society" that the fifth consumer circle refers to the economic circle built around individualism. When the fertility rate declines, consumption downgrades and returns, and the number of singletons increases, these become Consumption attributes: Watching movies alone, traveling alone, eating alone, and having surgery alone. From online social networking to on-chain social networking, it has become just a way, not the core essence.
The BTC ecosystem has the potential for global social recognition, which is a big narrative + a big cake🍰
Stop staring at DeFI, social+little finance may be more important
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