Damus
Pierre Simon profile picture
Pierre Simon
@Pierre Simon
Following a recent debate on the nature of Layer 2s, I want to clarify why the distinction matters. Many see Bitcoin as a single-use asset, but we are moving toward a reality where Bitcoin is the settlement layer for the entire sovereign internet. 🛡️

Why Lightning, Taproot, and even Nostr belong to the Bitcoin ecosystem:
- Lightning is Bitcoin: It uses the same monetary base and valid Bitcoin script; it is simply off-chain settlement.

- Taproot Assets: This is a native Bitcoin protocol. While it can mint stablecoins like USDT, the finality and security are anchored directly in the Bitcoin blockchain.

- Nostr & Chaumian E-Cash: Protocols like Cashu or Fedimint (Chaumian e-cash) are now functionally "Bitcoin protocols." They provide privacy and speed, but their ultimate value is settled in sats. ⚡️



Yes, these technologies could theoretically work on other chains, but they have rightfully been built on Bitcoin. Why? Because you build your house on a rock, not on shifting sand. Bitcoin provides the only immutable, decentralized foundation strong enough to support these layers. 🪨🍊

Do you see Bitcoin as just 'digital gold,' or are you ready for the 'Bitcoin-native' world of apps and layers?

#Bitcoin #LightningNetwork #Nostr #TaprootAssets #Cashu #SimonAcademy #SovereignTech