#Stacks Founder: Bitcoin L2 Will Boom#

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Stacks co-founder Muneeb Ali believes Bitcoin L2s will flourish and sees Stacks as an important Bitcoin L2 whose significance will be evident by 2025. He believes Bitcoin needs an efficient L2 to improve the user experience, pointing out that the Lightning Network, while existing, has not seen widespread adoption. Ali believes Stacks can provide a fast transaction experience similar to Solana and points out that the Nakamoto upgrade will be a significant support for Stacks' development. He believes the price of Bitcoin will rise significantly by 2025 and thinks the Trump administration's shift in attitude towards cryptocurrencies will have a positive impact on industry growth. Ali emphasizes the importance of Bitcoin L2s and says Stacks is dedicated to bringing Bitcoin to a billion people.

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Analysis

Stacks founder Muneeb Ali believes Bitcoin L2s will thrive, saying Stacks will focus on going public and expanding its user base in 2025. He believes Bitcoin needs a very good L2 to improve user experience, as Bitcoin's transaction speed and cost cannot be improved on the L1 layer. He believes Stacks' Nakamoto update will achieve this, providing a fast transaction experience similar to Solana. Ali also believes that a Trump election and a positive government attitude towards crypto will provide a favorable environment for the development of Bitcoin L2s. He expects Bitcoin's price to reach $150,000 or even $200,000 by the end of 2025. He believes that while Lightning Network is commendable, it is too complex and more experimentation is needed to explore other Bitcoin L2 possibilities. His ultimate goal is to bring 1 billion people onto the blockchain through Stacks, emphasizing the decentralized and self-custodial nature of Bitcoin.

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Classic Views

Bitcoin needs an efficient L2 to improve user experience, as Bitcoin's own transaction speed and cost limitations restrict its large-scale application.

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Stacks, as a Bitcoin L2, aims to provide a fast trading experience similar to Solana, and has made progress through the Nakamoto upgrade.

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While the Lightning Network is a solution for Bitcoin L2, its complexity and integration difficulty limit its widespread adoption, requiring more L2 solutions to be explored.

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The Bitcoin community's attitude towards L2 is gradually opening up, and more L2 projects will emerge in the future, bringing broader application scenarios to Bitcoin.

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