Gaskell of Sundial is presenting on a layer two protocol designed to enable bitcoin to generate yield. Most bitcoin is still, in long term hodl. Not helping anyone. Sure, you could lend your bitcoin for interest but that would count as a tax event and also involve losing custody. What if a programmable sidechain to help with scaling, allow borrowing and lending and products retail and institutions like? His solution is called Sundial and doesn't need new protocol changes or forks. Hard to say what it actually does though? Presumably something like liquidity in sidechains? Didn't really seem to get what he actually is building. 🤷 #bitfest #bitcoin