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Kyle McCollom
@kyle
I don’t understand Bitcoin L2s or Ordinals outside of cash grabs. It is not meant to be built on. See Lightning. It’s not an asset you want to risk enough to earn yield on. See BlockFi. It’s hard money that you hold, and that’s enough. If you want to build, build on chains built for building.
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0xSprint
@jjor
This BTC L2 movement is the Cardano of this cycle
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Average Crypto Enjooyoooor 🎩
@certifiedape
Cardano went from 1 cent —> $3 last cycle, do not use useless things like logic and reason to fade generational wealth. True degen activities.
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0xSprint
@jjor
Didn't say you can't make money with the narrative, sure you can like you could with Charles H. his hobby last cycle. But from a builder perspective it's fugazi, also the main point of the cast I was replying too :).
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Average Crypto Enjooyoooor 🎩
@certifiedape
It’s still very early for the bitcoin ecosystem tho, the liquidity available will definitely attract a lot of fugazi projects but it’ll also attract a lot of real talent and innovations, I think there’s a real chance that it overtakes many of the other major ecosystems :)
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0xSprint
@jjor
Agree to disagree. Natively on top, currently only fugazi. Sidechains (literally all of those ecosystem projects, while they larp as L2), maybe, but we have plenty of chains way better suited for that already.
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Average Crypto Enjooyoooor 🎩
@certifiedape
Better suited yes, but none of them can tap into the liquidity of bitcoin, I’m not too well informed on the bitcoin L2s but I do like ordinals and very excited for runes and my main support is for that, not necessarily L2s
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