We can not be sure about that.
If they are here for transactions, to reduce transaction fees, they are here to stay, because it benefits many people who use bitcoin for transactions. If they are here to make transaction fee worse, more expensive for most of Bitcoin users, their chance to stay here is not too good. When bull market ends, bear market comes, hype gone, demands to get rich will disappear and those projects will die.
Forget about those projects with promise for layer 2, x, y, but their root idea is to help their team richer by inscriptions, etc. because they will die in bear market. Look at side chain projects like Liquid, Rootstock.
https://liquid.net/
https://rootstock.io/
I believe in future of those side chain projects.
Topic: [Warning] Bitcoin layers are not here to stay. - page 2. (Read 248 times)
I've stopped fooling myself and maybe you should too if you are a beginner.
We are all booked with this fantasy of a better Bitcoin, it's been how many years since Bitcoin launched now? 15 years already? And till today nothing does it better.
Developers of today are instead hooked with Layers in the crypto space, starting with layers 0, 1,2 and maybe we will see 3 and 4 in the future, but honestly, all these are useless, it is just a way to raise some money, and get themselves rich, no better Bitcoin is coming.
Once upon a time, some Devs were fighting to bring out a better Bitcoin, calling Nakamoto's invention a failed one, we have Bitcoin white, black, private, cash, and others but all of them failed, lies upon lies, but at least they tried and today they have stopped trying, because it is hopeless for them, Bitcoin is just Bitcoin, it can't be beaten.
Now we have Bitcoin Layer 2s, promising to be better for Bitcoin in some ways, Defi stuff, I get it, but honestly, they do nothing, they are not needy, they exist now only to grab attention since runes and ordinals exist( another shitty rubbish) and the ones who will benefit most out of them are still the developers.
Do not take anything in the crypto space as first over Bitcoin, even if they shinning objects you must not put them first, they are short-term hype and FOMO drive, they will fade away in no time, I am talking about the likes of BVM, BeFi labs, Satoshi this and that.
There is nothing more reliable as a form of safer investment than Bitcoin, accept this or get massively liquidated and dumped on after Bitcoin's massive run is done, Bitcoin will still be here after but not these money-hungry inventions.
We are all booked with this fantasy of a better Bitcoin, it's been how many years since Bitcoin launched now? 15 years already? And till today nothing does it better.
Developers of today are instead hooked with Layers in the crypto space, starting with layers 0, 1,2 and maybe we will see 3 and 4 in the future, but honestly, all these are useless, it is just a way to raise some money, and get themselves rich, no better Bitcoin is coming.
Once upon a time, some Devs were fighting to bring out a better Bitcoin, calling Nakamoto's invention a failed one, we have Bitcoin white, black, private, cash, and others but all of them failed, lies upon lies, but at least they tried and today they have stopped trying, because it is hopeless for them, Bitcoin is just Bitcoin, it can't be beaten.
Now we have Bitcoin Layer 2s, promising to be better for Bitcoin in some ways, Defi stuff, I get it, but honestly, they do nothing, they are not needy, they exist now only to grab attention since runes and ordinals exist( another shitty rubbish) and the ones who will benefit most out of them are still the developers.
Do not take anything in the crypto space as first over Bitcoin, even if they shinning objects you must not put them first, they are short-term hype and FOMO drive, they will fade away in no time, I am talking about the likes of BVM, BeFi labs, Satoshi this and that.
There is nothing more reliable as a form of safer investment than Bitcoin, accept this or get massively liquidated and dumped on after Bitcoin's massive run is done, Bitcoin will still be here after but not these money-hungry inventions.
Jump to: