Part 5/9:

This shift towards stablecoins, while at odds with the original ideal of decentralized currencies, marks a pragmatic approach to spending in volatile markets. Here, the emphasis is on user convenience and accessibility rather than strict adherence to decentralization principles.

The Rise of Layer 2 Solutions

Another theme explored is the emergence of Layer 2 solutions like Lightning Network. Kotar discusses how these technologies aim to mitigate transaction fees and processing times, presenting an alternative for users looking for efficiency. However, he expresses cautious optimism about their widespread adoption, citing the complexities of user experience and market preferences.