Access to finance is a crucial use case. Currently, a significant amount of Bitcoin is locked in cold wallets, with users hesitant to bring their assets on-chain.

One major reason is security concerns—there are no native Bitcoin tokens directly tied to existing assets. To bring Bitcoin on-chain, users must rely on re-staking or bridges, which expose their assets to potential exploitation.

With native Bitcoin tokens powered by BitVM, users can leverage truly programmable tokens, similar to ERC-20 tokens on Ethereum. This could serve as the foundation for launching decentralized financial protocols on Bitcoin.

— Professor Yu Feng (@captain8299)
Founder & CEO of @nubit_org

#nubit #bitvm

"Financial access is a key use case. Right now, a lot of Bitcoin is sitting in cold wallets, and users are hesitant to bring their assets on-chain.

One reason is security concerns—there aren’t any native Bitcoin tokens pegged to existing assets. To bring Bitcoin on-chain, users… https://t.co/OsS45gKVjb

The Mass ༺༽𝐁𝐓𝐂༼༻

Access to finance is a crucial use case. Currently, a significant amount of Bitcoin is locked in cold wallets, with users hesitant to bring their assets on-chain.

One major reason is security concerns—there are no native Bitcoin tokens directly tied to existing assets. To bring Bitcoin on-chain, users must rely on re-staking or bridges, which expose their assets to potential exploitation.

With native Bitcoin tokens powered by BitVM, users can leverage truly programmable tokens, similar to ERC-20 tokens on Ethereum. This could serve as the foundation for launching decentralized financial protocols on Bitcoin.

— Professor Yu Feng (@captain8299)
Founder & CEO of @nubit_org

#nubit #bitvm

https://x.com/nubit_mass/status/1866693582574215194