Bitcoin DeFi is one of the greatest opportunities in crypto. Mezo was one of my first Bitcoin L2/Economic layer investments. This is a primer on how Mezo works, and why I'm bullish on the team.
I tried to get into Mezo's Discord group to get more info, but I'm not able to get past the (non existent) captcha. So since there is no question, there's no way for me to type in the answer. Tried both in the Discord app as well as in Safari. Please check it or let me know if there's a solution. Thanks.
Hi Dan, thanks! But I prefer not to post my name here. But if you could ask the Mezo team to investigate, that would be greatly appreciated. This is what happens:
In the verification channel, I get a message from the Mezo Verification captcha bot saying: “To keep up with Mezo you'll need to prove you're a human by completing a quick captcha. Click the button below to get started!”
And when I click on the verify button, I get a second message saying: “Please verify yourself to gain access to Mezo. Once you are ready to provide your answer click the button below.”
But there is no captcha or question to be found anywhere.
I’ve tried different browsers, Mac, PC and discord app. Same thing on all.
This framing of “BitcoinFi” feels more like marketing than reality. While bridges like tBTC are technically interesting, the idea that they “decentralize” Bitcoin is misleading. tBTC relies on Ethereum infrastructure, which introduces a new layer of risk—smart contract bugs, economic incentive failures, and ETH price volatility. You’re not holding Bitcoin anymore; you’re holding a synthetic IOU governed by a different network entirely.
Calling this the “future of Bitcoin” ignores the fact that most Bitcoiners don’t want or trust wrapped assets, and for good reason. There’s a reason Ethereum and Solana dominate DeFi: they were built for it. Bitcoin wasn’t, and every attempt to force-fit yield-bearing functionality into Bitcoin ends up recreating the very complexity and custodial risks that Bitcoin was designed to avoid.
This isn’t unlocking Bitcoin’s potential—it’s outsourcing it. And in doing so, it undermines Bitcoin’s core value: simplicity, security, and true self-custody.
I tried to get into Mezo's Discord group to get more info, but I'm not able to get past the (non existent) captcha. So since there is no question, there's no way for me to type in the answer. Tried both in the Discord app as well as in Safari. Please check it or let me know if there's a solution. Thanks.
Hey Patrick what is your discord name? I can get you connected with someone over there
Hi Dan, thanks! But I prefer not to post my name here. But if you could ask the Mezo team to investigate, that would be greatly appreciated. This is what happens:
In the verification channel, I get a message from the Mezo Verification captcha bot saying: “To keep up with Mezo you'll need to prove you're a human by completing a quick captcha. Click the button below to get started!”
And when I click on the verify button, I get a second message saying: “Please verify yourself to gain access to Mezo. Once you are ready to provide your answer click the button below.”
But there is no captcha or question to be found anywhere.
I’ve tried different browsers, Mac, PC and discord app. Same thing on all.
Thanks!
This framing of “BitcoinFi” feels more like marketing than reality. While bridges like tBTC are technically interesting, the idea that they “decentralize” Bitcoin is misleading. tBTC relies on Ethereum infrastructure, which introduces a new layer of risk—smart contract bugs, economic incentive failures, and ETH price volatility. You’re not holding Bitcoin anymore; you’re holding a synthetic IOU governed by a different network entirely.
Calling this the “future of Bitcoin” ignores the fact that most Bitcoiners don’t want or trust wrapped assets, and for good reason. There’s a reason Ethereum and Solana dominate DeFi: they were built for it. Bitcoin wasn’t, and every attempt to force-fit yield-bearing functionality into Bitcoin ends up recreating the very complexity and custodial risks that Bitcoin was designed to avoid.
This isn’t unlocking Bitcoin’s potential—it’s outsourcing it. And in doing so, it undermines Bitcoin’s core value: simplicity, security, and true self-custody.