BTC Layer 2’s Ready To PUMP! (Watch These Altcoins)

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Billions of dollars are about to flood into these alt coins and here’s why there are public you know thesis written uh by folks like there’s one I read about this guy Hall press um from North Rock and he has a thesis that U you know these Bitcoin layers are going to be a

Lot more valuable uh in the future because if you if you look at ethereum um again this is public information people can just go and read the thesis uh if you look at ethereum ethereum is around 20000 or 250 billion dollar of capital and uh something like $50 billion of

L2s right 25 billion are are already public uh and rest are private like they they’ve gotten their fundings they haven’t launched yet and and so on so $50 billion Market betting on like l2s and ethereum are going to be huge Bitcoin is $500 billion of capital mostly passive right you can’t even do

Much with Bitcoin on l1s and the total kind of like L2 Market would be like 1.5 billion of which Stacks is like probably 1.3 billion so give me one or two examples of something that you’d like to see come out of trust machines in the next year or two so with trust machines

Uh one of the areas so it’s funny like you know you you made that very valid comment about why haven’t we seen more development around Bitcoin other than the culture part which we discussed briefly I think now it’s easier to ignore that crowd because there’s there are enough Builders coming in and

Including some Bitcoin Maxis that are getting into it yeah yeah exactly so it softens it just softens the thing right and it becomes more acceptable to build on bitcoin so I think that was a really good thing so the culture is getting better what’s the hurdle after the

Culture uh I think the infrastructure and Dev tooling just requires so much more work like trust machine we had really you know good ideas about what type of Bitcoin applications we want want to build uh and uh we we will soon discover anything that we look at even

Stack ta itself or lightning or DLCs that to really use these Technologies there’s a lot more work that needs to be done right so for for Stacks I’ll give you the example that this decentralized way of moving BTC capital from L1 into stacks and back that’s Bitcoin Capital

That’s Bitcoin Capital so there is this asset called sbdc it’s like a decentralized Bitcoin backed asset so bit your Bitcoin sbdc is always one to one backed by BDC uh on L1 right and you can use it you in a more programmable way and then when you’re done you can

Bring it back uh to the Bitcoin L1 that work is in our business interest uh but it wasn’t moving at the speed we would have liked it to move so we are putting a bunch of our Engineers to try and push it Forward we’re contributing to it and

That why we are doing that because that thing is absolutely required for our applications like imagine if you want to build a lending application where people can go from BTC to a stable coin very very easily that’s exactly why there is billions of dollars that’s about to flood into the defi ecosystem for

Bitcoin of course Stax is the co-founder that was just speaking in that video in the interview with Forbes but there’s tons of other products that are in development some of the ones that you’re most familiar with are probably lightning Network ordinals or maybe even mint layer which is one that you guys

Have been commenting on in these videos below and of course let me know which ones you’re watching out for because guys Bitcoin layer 2os are exploding and it is very hard to keep up with all of them but it is still extremely early and we’re going to learn about that in this

Video so here are the three top prodct projects that I’m going be breaking down in this video that have the top integration and we’ll be capturing a lot of the money that floods into this industry number one is going to be internet computer protocol yes I believe

I doubt you guys saw that one coming but they actually have natively integrated with Bitcoin and they have some really cool technology in fact they probably some of the best technology in the game listen to this when the internet computer mainnet finally launched it was it was pretty wild as an organiz ation

We’re primarily staffed by R&D folks as is the nature of the project even now meanwhile while all this wildness was going on we had to contribute to the network to keep it up and running the internet computers U managed to run the last two years without any downtime

There’s been so many um improvements that have been added to the internet computer in the last two years it’s there almost too many to mention um just recently something called chainy Bitcoin went live internet computer nodes actually talk to bitcoin nodes that enables smart contracts on the internet

Computer to directly process Bitcoin on the Bitcoin blockchain without need for Bridges yes without the need for Bridges ICP is one of the largest ecosystems out there of course reaching over billions of dollars in market cap and they have natively integrated this asset which can help with the scalability of a lot of

The dii protocols within bitcoin’s native layer you guys know ordinals right you may have never seen this screen before but this is the amount of inscriptions or the ordinals which people look at as nfts on top of Bitcoin and they are skyrocketing so total inscriptions continues to just move up

Into the right we are in a bare market in terms of the daily inscriptions that are taking place the last one we had was between September and November and we’re now coming to one of those lowest points in recent history for the ordinal adoption of course Guys these just

Started last year they’re not even well they’re about a year old at this point grew a lot of development in May skyrocketed over the winter and this is going to lead into why a lot of projects or not a lot of projects but Capital firms are starting to realize Bitcoin

Layer twos are probably the most untapped potential economy on these markets you see bitcoin’s market cap sitting at like a trillion doll and of course this adjusts about on on a daily average of 10 to 15% it feels like sometimes but guys 238 billion is the potential Market size for Bitcoin smart

Contracts meaning Bitcoin layer twos the projects with in within the entire ecosystem if you compare it to stablecoin l2s nfts and daps built on top of ethereum which you can see here on the right hand side 270 billion to 76 billion massive upside potential so guys

When you see a an entire Market or ecosystem only the size of maybe 20 to 30 projects and again not even half of these have tokens the amount of liquidity that can flood into bitcoin’s ecosystem is just unfathomable I I couldn’t even honestly process which

Projects are going to see 10 20 30 40 X’s because I don’t think it’s just going to be one I think it’s going to be many now ICP of course guys is going to be a leading project already it has a market cap of $6.1 billion do and even though they’ve natively integrated

Bitcoin they’re also at their top of a game for another sector called dpin which you guys of course have seen in this video up to the right if you haven’t watched any of our dpin videos we’re doing deep dives into this entire ecosystem of decentralized physical IAL infrastructure and why I don’t necess

Talk about it in this project or in this video because this one’s literally just hidden gems and is why you want to check it out it does break down why internet computer protocol is so important here’s an interview with Paul Baron network uh and of course Dominic about their deepin

Narrative so deepin is an interesting category I think um it’s important um not to imagine the internet computer as a network of servers or something like that that are being rented out though so it’s true that the internet computer runs on sovereign hardware and in that I think it’s really the second blockchain

To do do so the first of course is is Bitcoin you know Bitcoin is created by miners who have this dedicated Hardware hashing hardware and what’s interesting is actually that both Bitcoin and the internet computer have autological names like they’re kind of descriptive names rather than brand Brands um file coins

The same and uh you know that contrasts uh quite strongly with traditional proof of State blockchains uh that run predominantly you know on big tax Cloud um right the internet computer is really a fundamental um play to extend the capabilities of the public internet yeah that is massive so ICP

Kind of just a GameChanger in the industry and even though you see this chart here that looks like it’s just a hospice line I somebody that’s actually been incredibly bearish on ICP in the past and not because of what’s taking place here in the beginning you guys

Don’t need the story on the breakdown of FTX and the corruption that took place there in the manipulation I was actually just because of a lot of the marketing from the influencer campaigns which may or may not have been connected to definity uh that I just didn’t agree

With a lot in the bare Market but now with this integration with CK BTC I’ve had the opportunity to actually use it uh and be a part of uh utilizing it at Bitcoin Miami which again is probably where a lot of the bearish factor just came in from how the marketing

Management was taking place uh but ultimately the CK BTC guys it’s a huge narrative it’s only going to ramp up and if you guys want to understand how ICP actually works think of it as a disruptor to Amazon web services everything in the world and on the internet relies on a centralized server

Database so even when you’re using Salas and other ecosystems while they have nfts those nfts are actually all reliant on a centralized database even though they claim to be a decentralized network and solono was probably the worst example to use there but that’s the purpose of ICP they’re looking to create

A decentralized internet computer that’s not controlled by big Tech and now has a complete Integrations with Bitcoin which I’m excited to see some of the layer two interoperability solutions that potentially come out of that now next up of course guys and shout out to the community guys one of the biggest

Communities out there the next project I hear number two on the list we went from three to two we have threshold Network which is sitting at about 3 cents $300 million market cap a lot newer of course just launched in April of 2022 their CEO just came out Matt Luongo uh and it

Talked about of course Bitcoin layer 2os with bloxers web 3 platform right here at least they did an article on him with a vision to empower individuals and Foster anonym in the digital realm Matt’s journey in the crypto industry has marked a pivotal moment that led to the Inception thesis in this inclusive

Interview yes they was with them we delve into Matt’s insights on thesis admission its current initiatives and the future of Bitcoin layer 2s offering a glimpse into transformative potential crypto Technologies now of course he tweeted out in 2024 we bring Builders back to bitcoin buckle up threshold guys

Is going to be a place where you can utilize your Bitcoin to start staking and earning and of course locking up that value and getting a lot of the defi governance uh potential on rewards that you weren’t able to before on bitcoin’s Native layer this is the industry that

Everybody is starting to attack now I wanted to shout them out is because eth Denver is taking place this next week or at least very very soon uh and they’re going to be joining of course thesis here which if you guys didn’t know he’s not only the founder of thesis they

Built fold tbdc the T Network which is going to be the one I just show you threshold Network T Tahoe XYZ and ody space so massive investments in capital and they’re joining Babylon uh to talk about of course the potential of bitcoin’s Renaissance that is what they’re calling 20124 the Renaissance of

Bitcoin and they’re expecting to see massive upside uh Investments here to bitcoin’s network and one of the projects of course guys Babylon that they’re hosting this with is also looking to unlock the 21 million Bitcoin to secure the decentralized economy and focus a lot more on defi they are

Implementing most recently with Cosmos uh to integrate Bitcoin staking protocols once again utilizing atom uh to support bitcoin’s ecosystem and enhance the defi mechanisms staking rewards and protocols that exist out there this is another huge advancements and step into bitcoin’s layer guys you saw it in the beginning of this video

When we were talking we saw the co-founder of Stack say we need more solutions so that way they can build these type of borrowing and lending protocols it is very important that these are starting to be established and in this crazy crazy indepth PDP actually don’t even know what this would be uh

Here this this is from an asset management guys this is from a capital firm that is talking about the era of Bitcoin layer 2os Spartan research now of course there’s tons of metrics with billions upon billions of dollars that is going to look to flood into this

Industry but the reason why I wanted to show you guys Spartan here is because they are massive Builders already in Bitcoin specifically they’re focusing on a lot uh with $500 million under assets under management with $1 billion doll in Deal making and if we click on their assets under management check this out

Select Investments you’ll notice that they have 1 in aala BenQ clay stack uh they’re also An Origin protocol gaming metaverse massive massive allocations uh of course infrastructure projects infrastructure plays this is a huge Capital with their clients being blockfolio zabar augur uh you have again Stacks right here Capital raise they

Raised a ton of money here for Stacks buybit bitgo bit Dow uh salana Wilder World some of the biggest projects in crypto they released this extensive report on the opportunity that is going to take place in 2024 with Bitcoin layer 2os and I really recommend you uh check

This out if you guys want an in-depth read but of course it is like 50 pages and it breaks down the ecosystem so you guys would know if I zoom in on this project or the sheet right here we’ve talked about Alex here we’ve showed you

Guys unisat we’ve used a lot of these ecosystem down here uh okx serse right to utilize hopefully stacking down the other video I mentioned uh that we uh disclose Bitcoin layer twos and actually in fact let’s put that right here too if you haven’t watched the Bitcoin layer 2

Video make sure you go do so because these are the three and I’m going to show you the top one in just a second uh but these are the hidden gems that I believe are starting to launch and establish themselves on bitcoin layer to now of course guys number one is without

A doubt Stacks we talked about it with the founder in the beginning of this video we touched on it just briefly and I know you might be rolling your eyes here but Stacks is incredibly undervalued in my opinion guys even though it is skyrocketing to alltime

Highs we called this at 46 cents uh the FTV guys again if we go back to that chart where we could see the amount of Equity that is still accessible to here I would pay very very close atten attention to Stacks as their Nakamoto upgrade is coming around the Bitcoin

Having and that’s going to increase a lot of the transaction speeds and the Integrations that Stax is actually able to provide so you have yet stacked out or checked out Stacks make sure again you guys go to our layer 2 Bitcoin video because they are building extensively

And there’s actually a lot of cool airdrops that are potentially taking place in their uh on their ecosystem already in their defi sector so if you guys haven’t checked that out make sure you go do so that’s what I got for you guys today let me know what Bitcoin

Layer 2os you’re watching in the comments below because this ecosystem is just getting started and if you guys want in-depth threads in-depth videos and more deep dives into the Bitcoin layer 2 project specifically let me know tag us on Twitter and we will start creating those videos here for you guys

On Discover gypto guys thank you for watching I’ll see you at the top