Today Starknet takes a major step on its road to Bitcoin.
We're laying the foundations for a new financial system powered by Bitcoin & Ethereum
To understand why this matters, let's take a walk down memory lane 🧶👇
Maybe you remember 2019? The rise of Celsius, Blockfi and family.
Centralized, opaque “crypto banks” promising yield on BTC.
And they were wildly popular.
Have you ever wondered why?
Because for years, BTC just sat idle in cold storage. Earning nothing.
CEFI was the only way to make BTC productive.
There were no alternatives; and so people traded self-custody for utility.
We unfortunately all know how that ended
Ironically, the solution to these problems was taking off right at the same time on Ethereum: Decentralized finance.
✅Self custody
✅Transparent rules
✅Markets you could watch in real time
✅Yield backed by code, not by promises
✅ Equal access to all
But Bitcoin is not Ethereum; you couldn't run Defi apps on Bitcoin.
And so people were stuck with custodial middlemen, that eventually went up in flame
2022 hurt hard. We all thought we were smarter than that.
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