Bitcoin needs stable monetary layer and evolving substrate, Fernando Nikolic notes

Bitcoin needs stable monetary layer and evolving substrate, Fernando Nikolic notes
Bitcoin needs stable and evolving layers

Fernando Nikolic, founder at Perception, outlines two distinct layers in Bitcoin's structure: the monetary layer, which includes the 21 million supply cap, issuance schedule, and neutrality, and the substrate layer, which encompasses cryptography, efficiency, and capabilities.

Nikolic argues that the monetary layer must 'ossify' and remain unchanged, while the substrate layer should continue evolving to safeguard Bitcoin's core principles.

Nikolic has previously argued that Bitcoin is available to all but not universally suited, saying it requires a major shift in beliefs about money for full adoption, according to a prior article. He is also founder of Perception, which ended its $149 beta rate at midnight, with new accounts now paying $249 per month, as reported earlier.

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