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Bitcoin is never quitting PoW. The Bitcoin core maintainers and consensus are adamant about PoW. The ETH2 work is important but the app layer on Ethereum is wh
by chrisco255 6y ago
Bitcoin is never quitting PoW. The Bitcoin core maintainers and consensus are adamant about PoW.
The ETH2 work is important but the app layer on Ethereum is where the action is at today. Decentralized Finance is growing at 30x rate per year: https://defipulse.com/ https://defipulse.com/ . I fully expect this development to eventually eat most of the financial markets. They are going after derivatives, lending, options, etc. It's an extremely fast moving and innovative field and Bitcoin is frankly getting left in the dust. They will not implement Turing completeness. A lot of Bitcoin will end up wrapped and deployed on Ethereum. There's already $7.7B worth on there today: https://defipulse.com/btc https://defipulse.com/btc
https://defipulse.com/ https://defipulse.com/