251222 Merlin Monday Summary ๐ฎ๐ฐ
Read Full Recap:
paragraph.com/@merlin-communโฆ
๐พ Merlinโs Path & Coinbase Listing
โ Grew from fair launch & inscriptions into BTCFi mainstream.
โ Coinbase perpetual listing confirms execution, compliance, and scale, not hype.
๐ Ordinals & BRC-20 Reality Check
โ Ordinals werenโt โdead,โ they sparked experimentation, then attention moved on.
โ BRC-20 declined due to fee leakage, fragmentation, and no shared liquidity, not Runes.
๐ถ Bitcoin Ecosystem Gaps
โ Lacks coordination, leadership, and collaboration compared to ETH/Solana.
โ Too many isolated standards, too little ecosystem-level thinking.
๐ง Merlinโs Direction: Independent, Bitcoin-Native
โ Staying rooted in Bitcoin while building BTCFi, liquidity, and L2 bridges.
โ 2026 focus: liquidity first, risk-managed BTCFi, quietly incubating AI for the right moment.