In a recent interview with The Block, Muneeb Ali, co-founder of Stacks (STX), shared his vision for the future of Bitcoin (BTC). Ali believes that layer 2 solutions and sidechains built on BTC will play a pivotal role in expanding the utility of the world's largest cryptocurrency. Ali highlighted the limitations of BTC's native functionality compared to programmable blockchains like Ethereum (ETH). He emphasized the growing demand for using BTC in various financial applications, such as collateral and lending, which require more advanced capabilities. According to Ali, the development of BTC sidechains has gained momentum in recent times. He believes that BTC sidechain developers can leverage the learnings from Ethereum's extensive ecosystem to accelerate their own development efforts. Ali's comments underscore the growing interest in layer 2 solutions and sidechains as a means to enhance the functionality and scalability of existing blockchains. These technologies have the potential to unlock new use cases for BTC and other cryptocurrencies, driving wider adoption and innovation in the digital asset ecosystem.

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