Part 8/13:
A frank conversation about altcoins and decentralized finance (DeFi) ensued. Tyler and Cameron affirmed their unwavering focus on Bitcoin, emphasizing that they maintain a Bitcoin-only stance for their core operations. While they respect the broader crypto ecosystem and acknowledge other projects, their mission remains aligned with Bitcoin’s primary role as digital gold and a store of value.
Peter pointed out that DeFi and projects built on smart contracts are complementary, not competitive, to Bitcoin. He envisions a future where Bitcoin remains the reserve currency, while other decentralized applications and protocols help innovate around the limitations of traditional finance—highlighting wrapped Bitcoin and DeFi as vital components of this broader ecosystem.