Stacks x Aptos

Summary

At Bitcoin Builders Nashville, Britney from the STA Foundation and Neil from Aptos discussed the burgeoning Bitcoin ecosystem. They highlighted the potential of Stacks to unlock Bitcoin's utility, enabling real-world use cases like tokenizing high-value assets and integrating Bitcoin payments into AI models. Aptos, originating from Facebook's Libra project, aims to onboard users and developers to build next-gen applications. The conversation underscored the convergence of Bitcoin and AI, envisioning a future where these technologies synergize to power innovation.

Takeaways

• 🎤 The Bitcoin Builders event in Nashville concluded with a discussion featuring Britney of the Stacks Foundation and Neil from Aptos.
• 🚀 Neil highlighted his long-standing involvement with Stacks, dating back to its early days, and humorously noted he's a 'holder for life' due to losing his keys.
• 🌐 Aptos, a layer one blockchain originating from Facebook's Libra project, aims to onboard a vast user and developer base to build next-generation applications.
• 💡 The conversation explored how to make Bitcoin assets more productive, indicating a shift towards utilizing Bitcoin beyond just holding.
• 🔄 Britney emphasized the potential of Stacks to unlock Bitcoin's utility, suggesting a future where Bitcoin can be used in various applications, including real-world asset representation.
• 🤖 The discussion touched on the convergence of AI and Bitcoin, with Britney expressing excitement about the possibilities of using Bitcoin for AI model training and payments.
• 💼 Neil mentioned the importance of financial institutions in the Bitcoin space, hinting at Aptos' focus on supporting these institutions in leveraging Bitcoin.
• 🏆 The event celebrated the potential for collaboration between the Stacks and Aptos communities, with both parties showing enthusiasm for joint initiatives.
• 🌟 The speakers teased upcoming projects and collaborations that aim to bring more applications into the Bitcoin L2 space, indicating a future of increased utility for Bitcoin.
• 🎉 The event organizers expressed gratitude to the speakers, sponsors, and attendees, marking the end of a successful Bitcoin Builders Nashville edition.

Q & A

What is the significance of the Bitcoin Builders event in Nashville?

Bitcoin Builders is an event that brings together professionals and enthusiasts from the Bitcoin ecosystem to discuss developments, trends, and the future of Bitcoin. It is significant as it covers various eras of Bitcoin and explores potential advancements in the space.

Who are Brit and Neil, and what are their roles in the Bitcoin ecosystem?

Brit is from the Stacks Foundation, and Neil is from the Aptos Foundation. Both are involved in the development and promotion of technologies that aim to enhance the utility and adoption of Bitcoin.

What is Aptos and its relation to the Bitcoin ecosystem?

Aptos is a layer one blockchain that originated from Facebook's Libra project. It aims to onboard a large number of users and developers to build next-generation applications. Its relation to the Bitcoin ecosystem is explored through discussions on how it can make Bitcoin assets more productive.

Why is Neil excited about being a part of Aptos?

Neil is excited because Aptos has seen an explosion of developers building innovative use cases since its launch. He is particularly interested in how Aptos can make Bitcoin assets more productive and is exploring collaborations with entities like Stacks.

What is Stacks and how does it aim to unlock Bitcoin's utility?

Stacks is a technology that aims to unlock the utility of Bitcoin by allowing the creation of smart contracts and applications on top of the Bitcoin network. It offers a way to utilize Bitcoin for more than just a store of value, enabling it to be used in various on-chain applications.

What are some potential use cases for Bitcoin as discussed in the conversation?

Potential use cases for Bitcoin discussed include tokenizing real-world assets like real estate, using Bitcoin for payments in AI model training, and leveraging Bitcoin's store of value for financial applications.

How does the convergence of Bitcoin and AI look according to Brit?

Brit sees the convergence of Bitcoin and AI as an opportunity to use Bitcoin's open-source nature, global acceptance, and payment capabilities to enhance AI model collaboration, payment for services, and energy efficiency for both technologies.

What is the role of financial institutions in the Aptos ecosystem?

Financial institutions play a significant role in the Aptos ecosystem by exploring tokenization of traditional financial assets and finding ways to integrate Bitcoin into their traditional financial landscapes.

What is the ethos of the Aptos community, and how does it relate to Bitcoin?

The Aptos community shares a similar ethos with the Bitcoin community, viewing their assets as a store of value and an entry point into the next frontier of building next-generation applications.

What does the future hold for collaboration between the Stacks and Aptos communities?

The future holds increased collaboration between the Stacks and Aptos communities, with working groups being formed to explore the intersection of their technologies and to build more applications on Bitcoin.

How does the event conclude, and what is the final message to the attendees?

The event concludes with a round of applause for the speakers and sponsors, and the final message emphasizes the importance of the discussions and the potential for a new era of Bitcoin, encouraging attendees to continue contributing to the ecosystem.

Outlines

00:00

🎤 Welcoming Bitcoin Builders' Special Guests

The script begins with a host addressing the audience at the Bitcoin Builders event in Nashville, highlighting the two-day event's comprehensive coverage of Bitcoin's history and the anticipation of a final conversation. The host introduces Brit of the STA Foundation and Neil from the Aptos Foundation as special guests to conclude the event. There's a light-hearted moment with musical chairs and a nod to the Nashville setting with country music. The host expresses gratitude to the guests for joining and summarizes the event's focus on the Bitcoin ecosystem, its current state, and future developments.

05:02

🚀 Discussing Bitcoin Ecosystem and Aptos' Role

Neil from the Aptos Foundation shares his background as a long-time member of the Stacks community and humorously admits to being a 'holder for life' due to losing his keys, thus being unable to sell his Stacks tokens. The conversation shifts to Aptos, a layer one blockchain originating from Facebook's Libra project, aiming to onboard users and developers for next-generation applications. Neil discusses the rapid growth of the Aptos ecosystem since its launch in October 2022, with a focus on making Bitcoin assets more productive through collaboration with other projects like Stacks.

10:03

🤖 Exploring Bitcoin, AI, and the Future of Tokenization

Brittney, an early adopter of Bitcoin and a Stacks advocate, discusses the potential of Stacks to unlock the utility of Bitcoin, referring to the trillions of dollars' worth of 'dormant capital' in Bitcoin that could be activated. She envisions real-world use cases like representing high-value assets on-chain and the integration of Bitcoin payments into AI models and training. The conversation also touches on the convergence of Bitcoin and AI, with Brittney expressing excitement about the possibilities of open-source AI, tokenized financial assets, and the synergy between Bitcoin's and AI's energy demands, hinting at future collaborations and innovations in these areas.

🌐 Welcoming the Aptos Community to Bitcoin Builders

The host extends a warm welcome to Neil and the Aptos community, emphasizing the shared ethos around Bitcoin as a store of value and the potential for collaboration between the Aptos and Bitcoin communities. Neil discusses the excitement around institutional interest in Bitcoin, mentioning products like the Bitcoin ETF and the convergence of traditional finance with web3 technologies. He also hints at future collaborations and the establishment of a working group to foster integration between financial technologies and Bitcoin, inviting interested builders to participate in these initiatives.

🎉 Closing Remarks at Bitcoin Builders Nashville

The script concludes with the host expressing gratitude to the speakers, sponsors, and behind-the-scenes crew for making the Bitcoin Builders event a success. The host reflects on the discussions of Bitcoin's past, present, and future, acknowledging the end of the event and looking forward to the next era of Bitcoin. The audience is thanked, and the event is closed with music, marking the end of two days of insightful discussions and networking within the Bitcoin ecosystem.

Keywords

💡Bitcoin

Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. In the video, Bitcoin is central to the discussion, with participants exploring its ecosystem, potential use cases, and its role as a store of value. The script mentions Bitcoin's influence on the development of new technologies and financial products, indicating its foundational role in the cryptocurrency space.

💡Bitcoin Builders

Bitcoin Builders is an event that brings together professionals and enthusiasts in the Bitcoin space to discuss developments, innovations, and the future of the Bitcoin ecosystem. The video script indicates that the event has been a platform for in-depth conversations over two days, covering various aspects of Bitcoin's evolution and potential.

💡STA Foundation

The STA Foundation is not explicitly defined in the script, but it is mentioned in the context of the Bitcoin ecosystem. It likely refers to an organization or foundation involved in the development or advocacy of Bitcoin-related technologies. In the script, Britney, who is associated with the STA Foundation, discusses the potential of Bitcoin and its utility, suggesting that the foundation may be involved in projects that enhance Bitcoin's capabilities or adoption.

💡Aptos

Aptos is a layer one blockchain platform that originated from Facebook's Libra project. It aims to onboard a large number of users and developers to build next-generation applications. In the video, Neil from the Aptos Foundation discusses the platform's growth and its focus on enabling developers to build innovative applications, highlighting Aptos' role in expanding the utility of blockchain technology beyond just cryptocurrencies.

💡Layer One Blockchain

A layer one blockchain refers to the base protocol that serves as the fundamental infrastructure for a blockchain network. It includes the consensus mechanism, transaction processing, and other core features. In the context of the video, Aptos is described as a layer one blockchain, emphasizing its role as a foundational platform for building applications and its potential to support a wide range of use cases.

💡Stacks

Stacks is a technology that extends the capabilities of the Bitcoin network, allowing developers to build smart contracts and decentralized applications (dApps) on top of Bitcoin. In the script, Stacks is mentioned as a key player in unlocking the utility of Bitcoin, suggesting that it enables new use cases and applications that leverage Bitcoin's security and decentralized nature.

💡Dormant Capital

Dormant capital refers to assets that are not actively used or invested. In the context of the video, the term is used to describe the vast amount of Bitcoin that is held but not utilized for various applications or transactions. The discussion suggests that technologies like Stacks aim to唤醒 or activate this dormant capital, making it more productive within the ecosystem.

💡DeFi (Decentralized Finance)

DeFi refers to financial services that are built on blockchain technology and operate without traditional intermediaries like banks. In the video, DeFi is mentioned in the context of financial use cases being developed on blockchain platforms like Aptos. The script indicates an interest in exploring how Bitcoin can be integrated into DeFi applications, potentially expanding the ways in which cryptocurrency can be used for financial transactions and services.

💡Tokenization

Tokenization is the process of representing assets, rights, or values on a blockchain through tokens. These tokens can represent real-world assets like real estate, or they can represent digital assets or rights within a blockchain ecosystem. In the video, tokenization is discussed as a significant theme, with the potential to bring real-world assets onto the blockchain, indicating a focus on the intersection of traditional assets and blockchain technology.

💡Convergence

Convergence in the context of the video refers to the coming together of different technologies, industries, or sectors to create new opportunities or innovations. The script mentions the convergence of Bitcoin with AI and traditional financial institutions, suggesting that the combination of these fields could lead to new developments and use cases, such as using Bitcoin for payments in AI applications or tokenizing traditional assets on blockchain platforms.

Highlights

Bitcoin Builders Nashville concludes with a discussion on the Bitcoin ecosystem and future developments.

Brit of the STA Foundation and Neil from the Aptos Foundation join as special guests for the final conversation.

Neil shares his experience as a long-time Stacks community member and his excitement for the Aptos blockchain.

Aptos, a layer one blockchain, aims to onboard users and developers to build next-generation applications.

Aptos has seen an explosion of developer interest since its launch in October 2022.

The discussion explores how to make Bitcoin assets more productive and integrate them into new applications.

Britney highlights Stacks' role in unlocking the utility of Bitcoin through technology updates and L2 solutions.

Stacks aims to create native on-chain assets for Bitcoin to be used in various applications.

The potential for real-world asset tokenization on the Bitcoin blockchain is discussed.

AI and Bitcoin convergence is seen as a significant opportunity for innovation.

Bitcoin's role in powering AI through clean energy sources is highlighted.

Aptos is focused on financial use cases and the tokenization of traditional financial assets.

The importance of collaboration between Bitcoin and Aptos communities for future development is emphasized.

Aptos Labs is excited about the convergence of web3 and traditional finance landscapes.

The Aptos community shares a similar ethos with the Bitcoin community, focusing on utility and value.

A working group is being formed to encourage collaboration between Bitcoin and Aptos developers.

Internal R&D at Aptos is working on products in collaboration with Stacks, set to come to market soon.

Bitcoin Builders Nashville wraps up with a focus on the new era of Bitcoin and the potential for further innovation.

Transcripts

ladies and gentlemen we are

here after two days of Bitcoin Builders

Nashville in the heart of Bitcoin

country are at our final conversation

for today we've covered almost all eras

of Bitcoin but before we close this out

we do want to have one more conversation

ladies and Gentlemen please welcome up

today's special guest to close us out of

this edition of Bitcoin bilders ladies

and gentlemen a big round of applause

for Brit of the STA foundation and Neil

of the Aptos

[Applause]

[Music]

Foundation hey guys playing a little

musical chairs it's okay I know they're

like sit on the end I gotta some fun

walk Walkin music you guys had there

little little uh little Nashville like

for you we're here to close it that's

right a little country music as we uh we

come to close here uh Britney Neil

really appreciate you guys jumping in

and helping to close out and round out

this year's edition of Bitcoin Builders

we've talked endlessly over the last two

days about the Bitcoin ecosystem what's

been happening what might be happening

in the coming months and Brittney I'm

gonna hold off on you having been a part

of the STA ecosystem in Bitcoin for a

long time Neil I'm going to start with

you coming from the appt side seeing the

move ecosystem what is your thinking

around really building on

bitcoin uh first thank you for having me

I I just want to set the stage I

participated in the stacks reggae plus 5

years ago so I've been in a Stacks uh

Community member for quite some time um

so it's it's it's an honor to be here

and you told me you never sold a stack

yet so I have not but the reason is not

what you think I lost my keys so I

physically can't sell

yeah so I am a I am a holder for life

that's you know everyone appreciates

that I can say so since that you you've

been in the the Stax ecosystem for 5

years now having seen it really Thrive

and expand across the greater Bitcoin

ecosystem what's got you excited now

being a part of Aptos it's a really good

question so so as a reminder for folks

Aptos is a layer one blockchain it was

born out of uh Facebook's Libra project

um essentially meant to on board the

masses of both users and developers to

build nextg applications and so we've

been doing just that we launched in

October of 2022 since then our ecosystem

has exploded with developers both Crypt

native as well as from web 2 that are

building these new Innovative use cases

um more recently we started thinking

about where a lot of uh I mean like

where I come from I I entered the space

through Bitcoin right like that was me 8

years years ago thanks to bitcoin I'm

here but that bag of Bitcoin has not

really moved or done anything in those

eight years and so we're thinking

internally about how we can change that

um and so we're excited to work with

with folks like stack and uh and others

in the space of how we can make some of

these assets more productive that's

that's great britty I want to come to

you I mean you've been a part of stack

for for a very long time an OG of ogs I

2014 got involved with black stack that

helpx OG on that my decade birthday yeah

that said you know what advantages can

Stacks offer to unlock Bitcoin utility

we've talked just panel before $1.3

trillion dormant Capital what can Stacks

bring to opening and unlocking that

Bitcoin utility or future use cases yeah

I think like we've all been waiting for

real world use cases and it is kind of a

shame that you know plenty of people

have been sitting on bitcoin for years

or decades or a decade more um looking

to build like how can I actually use

this how do I do something besides sit

on it and I think there's been some you

know technology updates that have

happened on the Chain but also things

like Stacks l2s we're getting Nakamoto

sbtc is coming live these have been in

R&D for years and we now actually have

all the things kind of coming together

that we can actually utilize Bitcoin

create a native onchain um asset for for

Bitcoin that can then be used in these

applications and then once that opens up

it's just kind of like endless like you

think of things like oh you can put real

world assets on chain like real estate

or anything that's high value that you

want to represent on there but even

going into things that are a little more

um new new Edge like AI like how are we

going to be able to use Bitcoin payments

or L2 payments in things like artificial

intelligence feeding models training

models um sharing models so I'm just

like so excited that we are finally here

and we get to pull all of these other

great um builders in the ecosystem like

bringing apps into the Bitcoin L2 World

deeper um having them join us as a

signer is a really big thing that we're

super excited to announce here um and

that we know that they're going to be

able to bring their developers and their

expertise and further what we already

see the momentum with Stacks yeah and

I'd say developers isn't the only thing

right so apas were were pretty focused

on uh some of our financial use cases

with both defi developers as well as

traditional financial institutions and

those financial institutions they also

entered the space through Bitcoin and

they're super excited about not only

what applications they can build on

chain what they can tokenize but also

what they can do with Bitcoin and so uh

speaking of real world assets and some

of the tokenization efforts this is

going to be a huge theme for us so

that's that I want to nerd out with both

of you on to two different things britty

AI we've talked endlessly about it it's

a a huge thing that you're focused on

right now talk to us a little bit about

Bitcoin and AI how does that look a year

from now as we're just in those very

early days of of crypto and AI yeah well

you know there's this idea of the

convergence that these two um these two

great Technologies are kind of coming

together and what the future is going to

look like AI is um you know it's using a

ton of models and right now a lot of

those are close- sourced and when you

think about the ideal of Bitcoin and you

bring that into AI what's open source

how do people collaborate how do you get

paid for those collaborations how to use

um you know computers can make payments

on your behalf you can sort of Warrant

things forward I think that's just the

beginning of you know kind of like the

level one ways that Ai and Bitcoin it's

like the largest store of value it's the

most Global it's the most accepted are

going to go hand inand um but then it

gets into like other use cases of Ai and

like being able to have agents work on

your behalf or even the way that we've

seen this convergence of the demand for

energy Bitcoin miners creating all these

really clean energy sources to fund

Bitcoin miners that same amount of

processing power and energy is being

demanded by Ai and I think you're going

to see a lot of overlap in these ideas

of like how do you actually push energy

forward and clean energy forward so it's

cheap and it's able to power these two

technologies in parallel so that's just

a sneak peek if anyone wants to ner out

on that um I'm happy to spend 30 minutes

doing so just just a small just a small

sneak peak I will say uh talking about

convergences apos one of the definitions

is a convergence of two rivers and so

we're we're excited to be potentially

that uh that convergence Point yeah so

so Neil you can't just tease that out

cut ass convergence of convergence what

are you excited about at apos Labs right

now and apos in general when it comes to

the convergence of not just Bitcoin but

the greater uh Industries and categories

that you guys are focused on right now

yeah I think right now we're starting to

see I mean we've been talking about the

institutions coming for the last three

Cycles but it's finally here and you

know credit to folks like BlackRock that

are pushing the industry forward and

pushing all the stakeholders forward

with things like the Bitcoin ETF um and

then the E ETF and Biddle and all their

other products that they're coming to

Market with and for us we're we're like

ready for all of that to come to Market

um and we're supporting as many

financial institutions as we can by

being that convergence between the two

rivers of web 3 and the traditional

Financial landscape um and so we're

going to see a lot more both

tokenization of traditional Financial

assets but how do we use Bitcoin in some

of these traditional Landscapes also

yeah Neil we're excited to welcome you

and the apos community to bitcoin

Builders and to the Great greater

Bitcoin country as we're sitting here in

Nashville right now what sets the apos

community apart from many others as you

start to enter and look at the potential

of Bitcoin from those institutions that

you're talking about yeah I I think

starting with

similarities I think the ethos and

culture around Bitcoin is very much a

shared culture and shared ethos around

Bitcoin as an asset as a store of value

the say the apos community is very

similar where they see apos as their

entry point into this next Frontier of

where they can build their next

Generation applications and so while

it's two completely different reasons

for being in the space it's quite

similar um and so we're excited to put

those two together and see what comes

out of it yeah and I think with that um

you know for the builders here for the

builders listening I think um you're

going to see a lot more collaboration uh

with our our respective communities and

we've uh been working on creating a

working group so if you're like hey this

is the intersection of things that I

care about I believe in Bitcoin I

understand the financial I want to kind

of bring those together um we're opening

up uh more more ways to participate with

that so we like highly encourage you get

involved if you're of interest um

because I think that all that's going to

come of it is more stuff built on

bitcoin that we can all actually use so

we're incredibly excited uh for this

opportunity definitely uh we uh we have

an internal R&D team at apos where we

put out a bunch of different products

and now that entire R&D team is is

excited to be working with saacks on a

few things that'll come to Market soon

yeah wonderful Brittney Neil thank you

both very much again for stepping in

last minute to join us here to share

some exciting news and to close us out

here at Bitcoin Builders a big round of

applause for Britney and

Neil guys thank you so much

[Music]

ladies and gentlemen we have come to the

conclusion of Bitcoin Builders Nashville

two days full of content great speakers

from around the world different parts of

the entire Bitcoin ecosystem new and old

to talk about all of Bitcoin eras today

we've come to the conclusion of the

three eras that we've discussed over the

last two days around Bitcoin and look to

the new era of Bitcoin ahead a big big

round of applause for all of our

speakers our sponsors and for those back

of house who made today possible thank

you all very much I'm your host kyot

take care we'll see you soon

[Music]

hold