Watching this breakdown feels like seeing the long term map of Bitcoin infrastructure finally click into place.
Stage 0 to Stage 2 is not just expansion, it is a blueprint for how decentralized BTC liquidity wins across every network.
The fact that BTC.b is being positioned as the backbone for future L1 and L2 ecosystems shows how far ahead @Lombard_Finance is thinking.
Momentum is clearly shifting and this is where the next cycle of builders will anchor their BTC strategies.
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