DeFi On Bitcoin Metaprotocols | With Chad Masterson (@chadmasterxbt)

Despite unlocking Ordinals and BRC20, the real pathway to Bitcoin DeFi remains a mystery. Chad Masterson – co-founder of OP_NET – believes an all-new Bitcoin L1 metaprotocol is needed for the job, which he says will “change Bitcoin without changing Bitcoin’s code.” Today, we covered: - Chad’s bitcoin price target this cycle - Why Chad isn’t bullish on Bitcoin L2s yet - How OP_NET improves on Ordinals as a metaprotocol - Deploying smart contracts into Bitcoin L1 transactions - Why devs are foolish to keep building with Casey Rordarmor’s framework - https://x.com/chadmasterxbt - https://x.com/opnetbtc TIMESTAMPS: - 0:00 Trump: The Crypto President 2:05 Bitcoin will win “the most” 3:57 Bitcoin to $250k, Solana to $1000 5:08 Institutions and nation-states now run the market 7:58 Are Bitcoin native assets going to boom? 10:10 Bitcoin maxis will never adopt Ordinals 11:30 Why Chad isn’t bullish on Bitcoin L2s 13:40 Bitcoin L2 landscape is oversaturated 16:00 What is OPNET? A metaprotocol for Bitcoin programmability 18:10 “DeFi on Bitcoin is a generational trade” 21:51 Building on Ordinals wasn’t working 27:00 OPNET can do a lot more than Ordinals 28:55 Deploying smart contracts directly into Bitcoin L1 transactions 30:50 Any developer can build with OPNET 32:35 Prioritizing functionality over interoperability 36:40 The strongest principle of Ordinals adoption 38:00 The OP20 Standard: a smart contract and account-based standard 43:00 BRC20 is a “meta-meta protocol” 45:30 OPNET lets you do everything on Ethereum, on Bitcoin 47:05 Stop building within Casey’s framework! 50:00 No financial benefit for Bitcoin L1 builders 53:40 How will OPNET achieve integrations and adoptions? 55:15 OPNET infrastructure is built out 57:45 Abu Dhabi Blockchain Center supports OPNET! 1:00:50 “We’re trying to change Bitcoin without changing Bitcoin’s code” 1:03:25 3 basic options to scale Bitcoin 1:06:10 RWAs should live on Bitcoin EPISODE SPONSORS: › This episode was powered by Best In Slot—the leading API for Ordinals and BRC20 data aggregation and indexing. › https://bestinslot.xyz/ LISTEN / SUBSCRIBE TO THE PODCAST: › YouTube: / @bitcoinrails › X/Twitter: https://x.com/isabelfoxenduke › Spotify: https://open.spotify.com/show/5uPrBxvD691TpTqjijudkO?si=571634b88d574911 CONNECT WITH ISABEL: › Email: [email protected] › LinkedIn: https://www.linkedin.com/in/isabel-foxen-duke-87272423/ › X/Twitter: https://x.com/isabelfoxenduke #Bitcoin #Ordinals #BRC20 #Runes #BitVM #zkp