Post
Topic
Board Bitcoin Discussion
Merits 5 from 2 users
Re: A Sovereign Bitcoiner's Manifesto
by
Sergio_Demian_Lerner
on 29/08/2020, 15:08:57 UTC
⭐ Merited by suchmoon (4) ,stortz (1)
Hi OroroMunroe, first congratulations for the launch!

I'm a Bitcoiner since 2012 and I waited many years to this to happen. I worked my last 5 years to for the adoption of Bitcoin sidechains, not only RSK (a.k.a Rootstock) but ALL sidechains, so that Bitcoiners are prepared to take advantage of cryptocurrency innovations without interference with the base layer which guarantees the hard money properties of Bitcoin.

So I'm not only excited, but also emotionally moved when I see that DeFi on Bitcoin already happening. The early RSK team worked hard to integrate sidechains into Bitcoin when we showed in 2016 the first BIP and working code for a drivechain. But since then, the RSK community has been working to create the best possible sidechain technology within the current limitations, and I think we managed to do it. Now RSK has stablecoins, DEXes, and soon margin trading too.

I think open finance and stablecoins are key for mass adoption of Bitcoin, because stablecoins and decentralized exchanges are the lubricant required to frictionless interface with the billions of people that could benefit from it. But building infrastructure takes time, and margin trading is the spark that ignites the rapid development of an open finance ecosystem.

My only remark is that you keep your security to the highest standards possible. We must lead the DeFi movement by showing an example of responsibility towards our users.