:opinion: Opinion: Bitcoin's scalability and extended functionality depend heavily on Layer 2 (L2) solutions built atop its main chain. However, not all L2s are created equal. There are two distinct development paths for Bitcoin L2s, and it's crucial to recognize which aligns more closely with Bitcoin's native principles. An L2 that introduces its own gas token, additional currency, or even wrapped BTC diverges from Bitcoin's core ethos. Users transacting through such L2s often compromise the very qualities that make Bitcoin valuable, such as decentralization, censorship resistance, and minimized trust assumptions. These tokens introduce separate governance structures and economic models that resemble altcoins more than extensions of Bitcoin itself. In contrast, L2s like the Lightning Network and Liquid, which operate without their own tokens or centralized governance, stay true to Bitcoin's foundational principles. They scale Bitcoin without introducing unnecessary complexities or third-party trust dependencies. Be cautious of projects like STX and similar upcoming L2s that masquerade as Bitcoin extensions while functioning more like altcoins. They often serve as profit-driven enterprises rather than genuine Bitcoin scaling solutions. The Bitcoin ecosystem needs authentic, native scaling solutions built on successive layers that inherit Bitcoin's core attributes. We look forward to the promising developments underway that aim to achieve this vision. :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

🇨🇿 Czech Republic exempts long-term #Bitcoin holdings from capital gains tax. :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

:ark: ARK Invest :wood: CEO Cathie Wood says, "Even after breaking through $100,000, #Bitcoin still is in early innings." :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

If you bought #Bitcoin with your $1,200 covid stimulus check in 2020 you'd now have almost $20,000."This stimmy check is going the way Papa John's pizza." :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

Foundry, the world's largest mining pool with roughly 30% of all Bitcoin hashrate, has cut 60% of its workforce :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

🇨🇱 Central Bank of Chile has ruled out adding #Bitcoin as a reserve asset, citing non-compliance with IMF standards for foreign reserves. :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

Semler Scientific adds 303 #bitcoin, bringing its total to 1,873. :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

#Bitcoin just touched U.S. 100k! :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

🇨🇦 Canadian publicly traded company #Bitcoin Well Inc. adopts #bitcoin as treasury reserve asset and is raising U.S. $2 million to buy more btc. :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)

🇪🇹 2.5% of global #Bitcoin hashrate now comes out of Ethiopia. :reward: Share > Like > Comment = ⚡️21 :topreward: Top Comment = ⚡️500 (For 24 hrs Only)