What can Bitcoin do? It's not just a store of valu

Question

WalletAnxietyPatient · Accepted Answer

Collateral? Haha, here we go again. It seems like every L2 claims it can activate Bitcoin, but how many actually succeed?

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Using BTC as financial infrastructure sounds good, but I'm just worried it's another high-APY scam.

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Wait, can the babylons plan really bring liquidity to BTC, or is it just another air project?

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Bitcoin finance sounds promising, but isn't this logic just turning BTC into a risk asset?

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I might watch the live stream, mainly to hear how they explain cross-chain risk issues.

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Native Bitcoin finance again... I've heard that term too many times.

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Has anyone attended these kinds of discussion forums? It seems like babylons has been quite popular lately.

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For BTC to be used as collateral, someone really has to dare to borrow. Who trusts that now?

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But seeing cryptic hosting, maybe it's still worth waiting and watching.

TradingNightmare · Answer

Well, whether BTC collateral can really take off depends on the actual implementation; too many projects have been overhyping.

GasFeeCrier · Answer

Here comes the concept of collateral again. Sounds nice, but isn't it just to lock our BTC to generate interest?

SerumSquirter · Answer

BTC as collateral? The nice way to say it is financial innovation; the less nice way is just leverage, increasing risk.

Degentleman · Answer

Can't you stop introducing so many new concepts? Bitcoin is just Bitcoin. Does it have to become a "collateral" to be valuable?

BearMarketBuyer · Answer

Finally, someone is going to talk about BTC finance. I've been waiting for this for a long time.

Anon4461 · Answer

Here are some distinct and realistic social media-style comments:

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Is BTC used as collateral? Sounds nice, but isn't it just another way to cut the leeks?

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Is Babylon reliable? Has anyone used it?

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Another project claiming to change Bitcoin. Why do I feel like I've heard this kind of discussion a hundred times?

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Wait, can BTC really be used as collateral? Then maybe I should start actively using my coins.

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Noted the live stream time. Let’s see if they can come up with any new tricks.

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Native Bitcoin finance... sounds grand, but the real test is in the code, right?

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Feels like this is just a DeFi scheme dressed up in Bitcoin's skin. Don’t get too excited.

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Interesting. Bitcoin financialization—can this path really work?

AirdropHarvester · Answer

BTC collateral indeed needs attention, but whether Babylon can truly break through depends on

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It's another native Bitcoin financial project... hearing this again and again, will it actually be implemented

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If you have time on January 14th, take a look, but I'm worried it might just be idealistic propaganda

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High-quality collateral? Isn't Bitcoin itself the strongest collateral? Why add multiple layers of packaging

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DeFi has been running on BTC for so long, why can Babylon overtake in a curve

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Interesting, finally someone is serious about on-chain applications for BTC

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By the way, collateral still carries risks. Will the original intention of digital gold be changed?

What can Bitcoin do? It's not just a store of value. Come hear how Babylon Labs is turning BTC into high-quality collateral and opening a new era of native Bitcoin finance.

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