Episode Details

Bring DEFI To BITCOIN w/ Danny & Chad from OP_NET
9/5/2024
Exit Liquidity

Key Insights

Bullish:

  • 🟢 $OPNET - OPNET aims to bring Ethereum Virtual Machine (EVM) developers to Bitcoin by enabling smart contract functionality on Bitcoin's layer 1, potentially revolutionizing the Bitcoin ecosystem with DeFi capabilities.
    • We really wanna bring EVM users, but more so is, like, EVM devs. Because right now in in the Bitcoin world, there's no smart contracts, really.” - Danny (14:04)
    • There's no DAOs. There's no RWAs. There's no there's no anything on Bitcoin. Right? And that's really what OPNET fundamentally is is it's a platform that allows you to build all that stuff directly on layer 1.” - Chad (1:14:01)
    • It should feel like ETH. It's just gonna be slow. That's why we call it SlowFi” - Danny (1:16:04)
  • 🟢 $BTCDEFI - 🔒
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