Bitcoin becomes what its users use it for. The direction of Bitcoin is ultimately shaped by the collective agreement of users, and the rules can change if that agreement changes. If more activity moves toward NFTs, smart contracts, or DeFi, the incentives around Bitcoin will also shift in that direction. Because Bitcoin is built on trade-offs between decentralization and scaling, pushing it toward other applications risks weakening its role as decentralized money and a store of value. 📝 b76af070…