The founder of Twitter, Jack Dorsy, recently said that the Bitcoin community should focus on payments to remain relevant. “I think it has to be payments for [Bitcoin] Being relevant in everyday, “he told Haley Berkoe in Podcast 21 in 21.
I do not agree.
As someone in the trenches with Bitcoin Builders, who also talks to markets and investors, I do not agree with the idea that payments are the way to follow for the real adoption of Bitcoin.
The only way to cultivate Bitcoin’s relevance is to create more functionality for everyday users to do something with their bitcoin that does not imply selling or sending it (that is, Hodling). That is especially true on the institutional side, where a good corporate strategy implies more than having BTC in a general balance.
Bitcoin is a generational asset. Understanding that most headlines do not plan to sell, you should see how the healthy chain maintains. As the rewards for the miners reduce each cycle to half, to find sustainable ways to encourage them will be a large part of the Bitcoin discussion during the next decade. The scale activity to layer 2, such as batteries, which can carry the functionality of the intelligent contract to the ecosystem without compromising the base layer, creates many more opportunities than simply climbing payments alone.
Bitcoin has been established as “digital gold” in 2025. People, institutions and countries possess it as a safe reserve investment. This trend does not lend a future as a payment vehicle; Instead, it creates a mature opportunity for Bitcoiners to participate in Bitcoin Defi and make BTC a productive asset.
A recent Binance research report stated that only about 0.8% of Bitcoin is currently being used in Defi. That means there are almost $ 1 billion in potential value without exploiting in the chain if we can create a clear case to build Bitcoin.
The central force of Bitcoin is its security, decentralization and finite supply. Knowing that, why would someone seek to use their BTC as a payment method? On the other hand, through the Defi protocols, you can already unite your bitcoin to an L2 and borrow Stablecoins. Since the majority of BTC is now considered as generational wealth, it becomes its best collateral. Defi allows you to use digital assets as payment, while maintaining your BTC safely stored in the bitcoin block chain. Bitcoin defi unlock BTC as the most impeccable way of guarantee.
I agree with DORSEY when he said that Bitcoin will not succeed if “[Bitcoin] It is not relevant to people daily. “But we can grow lasting relevance by allowing people to make more in the chain through Bitcoin Defi.
Any construction that works on platforms that extends the functionality of Bitcoin, which allows loans, loans and other financial services without compromising their safety, will come out as the new leaders in this space. If we take advantage of these L2S, we will see people create savings accounts full of Bitcoin, gain performance in Bitcoin, take loans against their bitcoin and practically all those actions will be abstracted by the L2S in scalable.
Bitcoin can continue to be this asset of generational wealth or value warehouse against inflation, while in reality an active asset in an evolving financial ecosystem.
The utility lies in creating opportunities to make more, not to make its purchase of morning coffee in BTC.
