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![realvijayk Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1486781128174444546.png) Vijay Kailash, CFA, CFP® [@realvijayk](/creator/twitter/realvijayk) on x 4569 followers
Created: 2025-07-21 17:36:29 UTC

Of course there are risks for being "early." No one knew Bitcoin would be worth $2T back in 2012.

$KAS smart contracts are launching on August 31st. This will fuel network activity and will compete directly with $ETH. But $KAS uses proof work instead of proof of stake. As a Bitcoiner, I would personally love to see another POW ecosystem in the top X. 

As for Bitcoin, it faces the same risks - if nearly all activity happens on layer 2, layer X will be reserved only for those with massive wealth. The every day person will be priced out.

Layer X will continue becoming centralized and it goes against the original P2P electronic cash system vision of Satoshi. Layer 2s are filled with middlemen and are not truly P2P.

Maybe not a problem yet - but if we're pushing for the world to adopt sound money, it's important to take a glimpse into the future and consider what-ifs so we can position ourselves accordingly.

I'm XX% in $BTC and XX% in $KAS. I'm still studying $KAS. I just don't think it's something we can ignore in the sound money community.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947349976604152280/c:line.svg)

**Related Topics**
[kas](/topic/kas)
[pow](/topic/pow)
[$eth](/topic/$eth)
[$kas](/topic/$kas)
[$2t](/topic/$2t)
[vijay](/topic/vijay)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/realvijayk/status/1947349976604152280)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

realvijayk Avatar Vijay Kailash, CFA, CFP® @realvijayk on x 4569 followers Created: 2025-07-21 17:36:29 UTC

Of course there are risks for being "early." No one knew Bitcoin would be worth $2T back in 2012.

$KAS smart contracts are launching on August 31st. This will fuel network activity and will compete directly with $ETH. But $KAS uses proof work instead of proof of stake. As a Bitcoiner, I would personally love to see another POW ecosystem in the top X.

As for Bitcoin, it faces the same risks - if nearly all activity happens on layer 2, layer X will be reserved only for those with massive wealth. The every day person will be priced out.

Layer X will continue becoming centralized and it goes against the original P2P electronic cash system vision of Satoshi. Layer 2s are filled with middlemen and are not truly P2P.

Maybe not a problem yet - but if we're pushing for the world to adopt sound money, it's important to take a glimpse into the future and consider what-ifs so we can position ourselves accordingly.

I'm XX% in $BTC and XX% in $KAS. I'm still studying $KAS. I just don't think it's something we can ignore in the sound money community.

XXX engagements

Engagements Line Chart

Related Topics kas pow $eth $kas $2t vijay bitcoin coins layer 1

Post Link

post/tweet::1947349976604152280
/post/tweet::1947349976604152280