My audience for this piece are you, the children of crypto summer. There is nothing particularly new to the content here. Instead, these ideas are so old that you newer entrants never got a chance to hear it. You saw the emergence of DeFi, GameFi, and DAOs on Ethereum and other Turing-complete chains. You probably think of Bitcoin as crypto1.0, some meme coin that is passé. After all, Bitcoin can’t do DeFi, GameFi or DAOs very well at all. So then understandably, you should ask yourself, why the heck does this old coin have so much value?