What is the difference between a layer 0 btc and a layer 1 btc besides being stored "cold" or "hot"?
It's the same.
By reducing BTC to an asset, you denie it's usable as cash too.
It's ridicoulous to rely on fiat-cash, when you already own btc.
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There is no "Layer 0"
Layer 1 is the asset layer: Bitcoin On-chain UTXO.
Layer 2 is the coupon/"cash" layer: Lightning, Liquid or any other token that is "backed" by a claim to on-chain bitcoin settlement.
Layer 3 is the credit layer: Cashu or Lightning based mints that settle on the coupon layer.
That's how money works. Gold>Dollars>Credit; Bitcoin>Lightning>Cashu.
Bitcoin IS an asset I am not making it that way, that is its design. The fact that people don't know that dollars are literally not money is why everyone is so confused.
I'm sorry, my computer understanding is, that we start counting by 0, so layer 1 would be the 2nd layer.
Didn't know BTC starts counting by 1, somehow strange in IT.