Here is an interesting question to ponder: If a 'shitcoin' only wants to work with bitcoin and simply wants to build smart contract functionality on bitcoin, then is it a 'shitcoin' or maybe a Robin to btc's Batman?
We already have Liquid, Microsoft ID and now another one (check yourself which one it is), which you can stack using bitcoin blockchain.
Incidentally, it is up a lot today, probably mostly because it's head honcho declared that they will have btc borrowing capability with NO asset exchange or wrapping (pure btc lending with NO third party, all on btc blockchain).
Sounds unbelievable, basically a decentralized Blockfi.
I am quite curious about it. Main theme: You still have keys to your btc, but able to lend it out.
Not sure about specifics, which are important, of course.
100%, I think eventually we will see secure, trustless DeFi of some description integrated into Bitcorn in one fashion or other. I for one would be happy if we could gain the power of smart contracts, ZK rollups etc (the most useful parts of the shitcoin casino) without sacrificing the security, trustlessness and permissionless nature of Bitcoin. There are some really promising projects in development at the moment that I won't go into further, but I encourage all to be open minded.
In my eyes this is possibly the most maximalist viewpoint you can have, the idea that in the end Bitcoin will absorb any improvements from other chains/coins that are truly useful, thereby rendering all other versions a crappy "imitation" even if they were the originators of the upgrade!