0/ A thread on Bitcoin maximalism TLDR: I'm bought in. Kind of. Good thing I never put money on Bitcoin going to $0
Some people believe L2 could increase the demand for L1 even more: https://en.wikipedia.org/wiki/Jevons_paradox …
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I thought about this exact phenomenon when I writing my comment, but the forces seem to be more behind BTC as SoV for long term. This inherently means consumption and demand will not significantly increase need for L1 (or rather Layer 0). ETFs, custody, etc. all exacerbate this
Thanks. Twitter will use this to make your timeline better. UndoUndo
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