The long-standing misconception is not about Bitcoin; perhaps the issue isn't with Bitcoin. In the past few years, a phrase has almost become an industry consensus: $BTC is suitable as digital gold, but not for complex applications, and certainly cannot support DeFi. This statement sounds reasonable and is even quite useful because it quickly explains why all financial innovations have moved to $ETF and why Bitcoin always seems to lag behind.
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The long-standing misconception is not about Bitcoin; perhaps the issue isn't with Bitcoin. In the past few years, a phrase has almost become an industry consensus: $BTC is suitable as digital gold, but not for complex applications, and certainly cannot support DeFi. This statement sounds reasonable and is even quite useful because it quickly explains why all financial innovations have moved to $ETF and why Bitcoin always seems to lag behind.