Lukasz

While the ecosystem is exceptionally small relative to Bitcoins total market cap of $1.2T, with an estimated $400M user TVL that has made its way through the door. The upside for developers and VCs taking an active role is asymmetric. 6/7

I am extremely optimistic in the broader adoption of the L1 ecosystem and the broader applications to make Bitcoin more useful, and eventually scalable as a root-chain. I am exciting to quadruple down on this thesis - more to come soon. 7/7