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I think your very first point is a non-sequitur.

> L1 is finite, which is the fundamental reason that it’s valuable.

The value fundamentally comes from the utility of the network, no? If the network is no longer useful, the bitcoins don’t keep their value inherently.

So prioritizing utility seems to be more important than prioritizing a hard supply cap.

What is your opinon on Prime for scaling Bitcoin? (client side validation)

Seems like an interesting idea for scalability + privacy

covenants scale bitcoin

https://delvingbitcoin.org/t/combined-ctv-apo-into-minimal-txhash-csfs/60