What’s up, I’ve recently been looking into @BabylonLabs_io ’s Trustless Bitcoin Vaults (TBV), and it got me thinking about one question:
What is the true greatest value of Bitcoin?
Many people would answer: market cap, consensus, scarcity.
Those answers aren’t wrong, but I think there’s another aspect that’s easy to overlook—Bitcoin has a trust foundation that has been proven over a long period of time. It’s just that, for most of the past time, this trust stayed mostly focused on the asset itself.
In other words, BTC has enormous security value, but it’s difficult for that value to be directly used by other systems.
This is actually a contradiction that the whole industry has been facing:
On the one hand, new blockchain applications need stronger security guarantees;
On the other hand, it isn’t easy to establish a truly reliable source of security.
If every new network has to rebuild its own validation framework, economic model, and trust foundation from scratch, then the ecosystem’s development speed will inevitably be constrained.
What I find interesting about Babylon TBV is that it attempts to explore another possibility:
Turning Bitcoin-native assets into a security resource that can be utilized—not just a value that can only be stored.
The key here isn’t simply adding an extra yield scenario; it’s changing the relationship between BTC and the rest of the ecosystem.
In the past, it was more like: BTC exists in its own world.
In the future, it might become: BTC’s security capabilities can connect to more worlds.
Of course, this path isn’t simple. Any design involving security infrastructure has to go through long-term validation. But if this model can hold, then Bitcoin’s significance could expand even further.
It wouldn’t just be “an asset people are willing to hold”; it could also become the security foundation that other networks are willing to rely on.
So now, when I look at Babylon TBV, my focus isn’t on “how much yield BTC can generate anymore,” but rather:
When Bitcoin’s trust is called upon at scale for the first time, what new possibilities does it create?
That may be the long-term direction that @BabylonLabs_io wants to explore.
#baby $BABY
What is the true greatest value of Bitcoin?
Many people would answer: market cap, consensus, scarcity.
Those answers aren’t wrong, but I think there’s another aspect that’s easy to overlook—Bitcoin has a trust foundation that has been proven over a long period of time. It’s just that, for most of the past time, this trust stayed mostly focused on the asset itself.
In other words, BTC has enormous security value, but it’s difficult for that value to be directly used by other systems.
This is actually a contradiction that the whole industry has been facing:
On the one hand, new blockchain applications need stronger security guarantees;
On the other hand, it isn’t easy to establish a truly reliable source of security.
If every new network has to rebuild its own validation framework, economic model, and trust foundation from scratch, then the ecosystem’s development speed will inevitably be constrained.
What I find interesting about Babylon TBV is that it attempts to explore another possibility:
Turning Bitcoin-native assets into a security resource that can be utilized—not just a value that can only be stored.
The key here isn’t simply adding an extra yield scenario; it’s changing the relationship between BTC and the rest of the ecosystem.
In the past, it was more like: BTC exists in its own world.
In the future, it might become: BTC’s security capabilities can connect to more worlds.
Of course, this path isn’t simple. Any design involving security infrastructure has to go through long-term validation. But if this model can hold, then Bitcoin’s significance could expand even further.
It wouldn’t just be “an asset people are willing to hold”; it could also become the security foundation that other networks are willing to rely on.
So now, when I look at Babylon TBV, my focus isn’t on “how much yield BTC can generate anymore,” but rather:
When Bitcoin’s trust is called upon at scale for the first time, what new possibilities does it create?
That may be the long-term direction that @BabylonLabs_io wants to explore.
#baby $BABY