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Bitcoin Needs Utility, Not Just Hype—Enter Cardano
As the crypto space continues to evolve and grow at a rapid pace, it’s becoming increasingly clear that Bitcoin (BTC) is in dire need of utility. The cryptocurrency landscape has moved beyond just hype and speculation, and now requires tangible, real-world applications.
In an era where decentralized finance (DeFi) platforms have become mainstream, the notion of Bitcoin serving only as a store of value no longer suffices. As Jack Dorsey, CEO of Block, recently emphasized, “Bitcoin can’t survive if it’s just a store of value.” This stark reality serves as a clarion call for the need to diversify and find innovative ways to integrate cryptocurrencies into our daily lives.
Enter Cardano (ADA).
While Bitcoin may have carved out its niche as a store of value, Cardano has quietly been building robust infrastructure, including smart contracts, lending platforms, and decentralized applications. The latter can significantly increase Bitcoin’s functionality by allowing it to flow into DeFi pools, enabling the borrowing and lending of BTC without high fees.
Source: https://cryptonewsland.com/bitcoin-needs-utility/
