DeFi Bitcoin
With the 2024 Bitcoin Halving now complete, all eyes are on bitcoin's future performance. Will demand from the ETFs outstrip the reduced mining supply? Will there be a massive reorg in the mining world with junior minors being subsumed by the big players? Are fees alone enough to sustain a mining company?
What's not on people's radar that should be, is the massive growth in the DeFi bitcoin space. Between the ordinals and the taproot upgrade to Bitcoin, we see the beginnings of a real DeFi community starting to coalesce and build real products that have real use-cases, and have the opportunity to steal the spotlight from Ethereum.
Ethereum DeFi had its Cambrian explosion, will Bitcoin experience a similar trajectory?
Honey Badger Post will explore the existing Bitcoin DeFi projects in this series of articles.