Polychain-backed Botanix Labs is shutting down its Bitcoin L2 after four years. No downtime, no hacks, 25 million transactions processed, Chainlink and OKX integrated. It worked. Nobody came. "Insufficient demand for Bitcoin-native DeFi." Bitcoiners don't want DeFi on Bitcoin. They want Bitcoin to be money. The things succeeding right now (Bark, Cashu, Lightning, ecash mints) are payments and privacy, not yield farming. The market is telling builders something important.