Twitter founder Jack Dorsey recently said the Bitcoin community should focus on scale payments to remain relevant. “I think it has to pay for (Bitcoin) in relation to the sun,” he he he he said Haley Berkoe at 21 of 21 podcasts.
I do not agree.
As a man in the trenches with bitcoin builders, who also talk to market manufacturers and investors, I initially disagree with the idea that payments are the path for actual adoption of Bitcoin.
The only way to grow Bitcoin’s relationship is by creating more functioning for sun -day -to -day users who do something with their Bitcoin that is not involved in selling or shipping it (ie hodling). That is especially true on the institutional side, where a good corporate approach involves more than just handling BTC on a sheet of balance.
Bitcoin is a generational asset. Understanding that most holders do not plan to sell, you need to see how you keep the healthy chain. Like the rewards for miners who are backing down every halving, finding sustainable ways to be insecure they will be a big part of the discussion around Bitcoin over the next decade. Schoing 2S scale activity, such as stacks, which can bring intelligent contract to the ecosystem without compromising the base layer, creates more opportunities than just scanning payments.
Bitcoin established itself as “digital gold” in 2025. Individuals, institutions and countries will hold it as a safe haven reserve investment. This trend does not lend itself to a future as a payment vehicle; Instead, it creates a ripe opportunity for Bitcoiners to participate in Bitcoin Defi and make BTC a productive owner.
A recent report of research in Binance Nakasa said That’s just about 0.8% of Bitcoin is currently used in Defi. This means that it is about $ 1 trillion in the non-drug value of the on-chain if we can create a clear case for developing Bitcoin.
Bitcoin’s main strength is security, decentralization, and finite supply. Knowing that, why would one look at their BTC as a payment form? Instead, through the Defi Protocols, you’ve done your Bitcoin bridge with an L2 and borrow stablecoins. Since the BTC is now considered by the majority as a generation’s wealth, it becomes your best collateral. The DeFI allows you to use digital assets as payment, while maintaining your BTC is safely stored in the Bitcoin blockchain. Bitcoin defi opens BTC as the most clean form of collateral.
I agree with Dorsey when she says Bitcoin will not succeed if “(Bitcoin) has failed in connection with people on a day -to -day basis.” But we can grow long-term relationships by allowing people to do more on-chain by Bitcoin Defi.
Any builders working on platforms that expand Bitcoin operating, which allows lending, borrowing, and other financial services without compromising its security, will appear as new leaders in this space. If we use these L2s, we will see people who create Bitcoin -filled -filled accounts, earn produce in Bitcoin, get loans against their Bitcoin, and almost all of those actions will be abstract with measured L2S.
Bitcoin can continue to own the formation of wealth or store value against inflation, while actually being an active owner of an emerging financial ecosystem.
The utility lies in creating opportunities to do more, not by making your morning purchase at BTC.
