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Look, Babylon says it solves a real problem: Bitcoin sits idle while PoS chains want stronger security. Fair enough.
But the fix is not simple. It adds staking scripts, finality providers, governance, rewards, and a whole second token economy on top of Bitcoin. That is a lot of moving parts.
And I’ve seen this movie before. The people selling “self-custody” usually leave out the part where users still depend on complex rules, validator behavior, and token incentives.
So yes, Babylon is interesting. But the catch is obvious: it may just turn one clean asset into a much messier system.