The best of Bitcoin and Ethereum. There is an idea I’ve been obsessed with for over a decade. It’s a very simple idea. It’s a trillion-dollar idea if it works. The idea is simply to take the best qualities of Bitcoin and Ethereum and combine them. Bitcoin is the superior asset. Ethereum has better rails. BTC is winning as digital capital. Ethereum pioneered on-chain capital markets (Solana is challenging that position). Why can’t we have best of both? ETH tried being internet money and that didn’t work. BTC clearly won as digital capital. Ethereum rails, however, have created thriving on-chain capital markets. Not just directly on Ethereum, but on derivative chains like Arbitrum (used by Robinhood), Tempo (by Stripe), Tron (largest Tether usage), etc. Bitcoin and Ethereum have been #1 and #2 digital assets for close to a decade now. There is obviously competition between them. ETH has nowhere else to go but try to be #1. This is what the entire “flippening” movement was about (it failed, for now). If we take the best parts of Ethereum (like faster transactions, programmability) and vertically integrate them on top of Bitcoin, like HTTP on top of TCP/IP, then we have a scenario where the best asset, BTC, can be integrated with modern rails. Simple. The internet didn’t become *the* internet until HTTP took off atop TCP/IP. Fragmented networks don’t become global standards. We’re still fragmented in crypto, but the consolidation phase has started. If a vertically integrated modern rails like Stacks truly takes off for BTC, then Bitcoin solidifies its #1 spot even further. BTC gets native BTC yield, and gets deployed in bitcoin capital markets. Bitcoin can then keep evolving (like adding privacy features) without ever changing the base. The best of Bitcoin and Ethereum. In one vertically integrated system. That’s the dream. We’ve built it at Stacks.