Midl

Everything you did on Ethereum: tokens, ICOs, dApps, trading, memes, DeFi. Now possible directly on Bitcoin. With Midl.

[Midl @midl_xyz]

Ethereum had dApps.

That’s why you could stake, trade, ape in ICOs, chase memes, farm DeFi, mint NFTs, vote in DAOs, and either make it or get rekt.

It created $500B in tokens.

Bitcoin never had dApps.
Now it does: with Midl.
And it starts at $2T.

A thread 🧵

[Midl @midl_xyz]

It’s actually A,₿,C

[Midl @midl_xyz]

@hchfischer @utexocom guilty as charged. sentence: publicly saluting @utexocom for shipping what's been in the works for years. looking forward to the launch 🤝

[Midl @midl_xyz]

USDT Is Coming Back to Bitcoin. What It Means for the Ecosystem?

The news: Tether plans to issue USDT natively on Bitcoin via the RGB protocol, rollout expected as early as this month.

USDT was born on Bitcoin in 2014. Left in 2017 when the network got congested and fees spiked. Spent nine years on other chains: ~92% of supply now sits on Tron and Ethereum.

Now it's coming back. Because now it can.

Why this matters

Bitcoin is getting a unit of account. People don’t think in sats, they still think in dollars. A recognizable, widely-held stablecoin living on Bitcoin means users can hold BTC and dollars in the same wallet, on the same network, without touching other chains.

That's a real onboarding path. New users, more on-chain activity, a reason to use a Bitcoin wallet for something other than holding.

What it does on day one

Transfers. RGB anchors to Bitcoin and settles over Lightning: fast, cheap, private payments with no separate fee token. This is a direct shot at Tron's remittance dominance. BTC <-> USDT swaps within the same stack are also planned.

That's genuinely useful. But it also where it ends for now.

What it doesn't do

RGB is its own protocol, same as Runes is its own protocol. RGB keeps asset data off-chain with client-side validation; Runes publishes everything on-chain. Different stacks, different validation, no shared environment.

So no, for now this USDT can't be swapped for Runes out of the box, can't sit in a liquidity pool, be lent or borrowed against. The assets coexist on Bitcoin, but each stays inside its own protocol.

What's still needed

A stablecoin on its own doesn't create an economy. Bitcoin now has assets (Runes, Ordinals) and soon it has money everyone recognizes. For actual markets to form: trading, pools, lending, these assets need a layer that understands multiple protocols and lets them interact.

This is, in principle, what execution environments are built for. We already do it with BTC and Runes: accepting different Bitcoin-native protocols into one environment where they can trade and interact.

USDT on Bitcoin is a better way to move dollars. Everything else is in building mode.

[Midl @midl_xyz]

@wenaltseason Wow

[Midl @midl_xyz]

@devntellxyz @MidlBigG Was a pleasure to join you guys ❤️

[Midl @midl_xyz]

If you missed it live: our friends @devntellxyz got you 🔥

Grab coffee and tune in to @MidlBigG talking things in Bitcoin 👇

[DevNTell @devntellxyz]

If topics like Bitcoin smart contracts and EVM-compatible DeFi on Bitcoin, have we got a DevNTell episode for you!

EP. 226 - Midl: Bringing EVM smart contracts and DeFi to Bitcoin

In this episode of DevNTell, Narb is joined by Georgy Skryuchenkov ( @MidlBigG ), DevRel at @midl_xyz. They discuss Midl, a Bitcoin-native execution environment that brings full EVM-compatible smart contracts and decentralized applications directly to Bitcoin.

00:00 Intro
00:37 Meet Georgy, DevRel from Midl
01:12 Georgy's Web3 Journey
04:55 Why Bitcoin Lacked Smart Contracts
07:06 Midl's Vision
09:09 No Bridge User Experience
14:33 EVM Devs Building on Midl
21:10 Recent Midl Hackathon Highlights
24:24 AI Coding Workflow
29:57 How to Get Started
32:28 Outro

[Midl @midl_xyz]

@devntellxyz @MidlBigG the tapes have been released.

[Midl @midl_xyz]

enough of defi, give us some REAL things you want your $BTC to do

we’ll start: walk 10k steps a day

[Midl @midl_xyz]

if not us, then who?

[Midl @midl_xyz]

A petition to change the World Cup ball to this one

[Midl @midl_xyz]

80% of Bitcoin transactions are now data inscriptions

CryptoQuant's data for June 2026: transactions under 0.01 BTC now make up around 80% of daily activity. In 2023, that number was 44%.

The driver is mostly Ordinals and Runes: protocol activity that creates, mints, and moves Bitcoin-native assets. Some of it is timestamping and data services too.

Although it's not a direct price signal, activity climbed steadily through a quiet market.

It's not "mass adoption" in the way people usually mean it either. But volume is volume, and the demand for block space is real.

What it actually shows: there's real, sustained demand to do things with Bitcoin beyond holding it. The Network Activity Index broke above its long-term trend in March and has stayed there for months.

People want to use Bitcoin as more than a savings account. Whether the base layer is the right place for all of it is a separate question: mempool congestion is back up, and these transactions compete with payments for block space.

But the signal is clear enough: the chain is being used.

[Midl @midl_xyz]

Bitcoin Hate Mail: The Family Edition

Today we have the most important piece of the Hate Mail series. You probably got this message. Always after a dip. Always from the relative you orange-pilled at a holiday dinner and now can't avoid.

Here's tips on how to explain it without faking your own death.

1. It's not a stock. They bought a 17-year-old asset that the entire world is still arguing about the value of. Volatility is the admission price.

2. Swings go both ways. The same volatility they're crying about today is what they bragged about at dinner last year.

3. It's "died" hundreds of times. Every headline has buried Bitcoin. It keeps showing up to its own funeral. A red month isn't the apocalypse, it's a Tuesday.

4. Zoom out or stop looking. The daily chart is for people who enjoy suffering. If they're checking the price 14 times a day, that's a them problem.

5. Only what you can afford to lose. The advice you should've led with. If a dip ruins their week, they were never holding.

——

Rapid Fire Family Dinner Questions:

> So you're unemployed? → No. I have a job AND financial opinions nobody asked for.

> Isn't this what criminals use? → That's cash, actually.

> My coworker's nephew lost everything in crypto. Was that you? → No. That’s a different nephew.

> Should I buy now that it's cheaper? → Oh, NOW we're curious. Anyway, DYOR, mom.

[Midl @midl_xyz]

unpopular $BTC takes only. wrong answers encouraged 👇

[Midl @midl_xyz]

It stayed simple for 15 years: does it suddenly need to get complex?

We get that a lot. BTCFi gets it a lot. So let’s break the philosophy down.

Why it stayed simple

Simplicity was the point. Bitcoin's scripting language isn't Turing-complete on purpose. The less it can do, the less can break.

Look at the track records. Ethereum gave developers full programmability and got The DAO hack, endless exploits, billions stolen. Bitcoin gave them almost nothing and well, never really been exploited.

Money is supposed to be boring. That's not a limitation. That's the feature people paid a trillion dollars for.

So why complicate it?

You sit through a bear market, watch the price get dragged up and down cycle after cycle, and meanwhile Ethereum users are earning yield, lending, farming, actually using their assets. You're holding the hardest money ever made and it just there.

The demand showed up on its own. Wrapped BTC exists because people wanted DeFi badly enough to send Bitcoin to other chains. Ordinals and Runes happened because people wanted to build on Bitcoin, not just hold it.

The part everyone gets wrong

This isn't "simple and secure" vs "complex and useful."

The smart approach doesn't touch Bitcoin's base layer. It stays bulletproof. The complexity lives in a layer on top: letting Bitcoin assets do things without changing what Bitcoin is underneath.

The Answer (or not really)

Does Bitcoin need to get complex? No. It works fine as digital gold.

But "doesn't need to" and "shouldn't be allowed to" are different things. The only real question was whether you could add utility without sacrificing what made Bitcoin worth holding.

Turns out you can: if you're careful about where the complexity goes.

[Midl @midl_xyz]

Aaaand we're live!

Come join @MidlBigG reporting on one and only @developer_dao 👇

[Developer DAO (🧱, 🚀) @developer_dao]

DevNTell - @midl_xyz: Bringing EVM smart contracts and DeFi to Bitcoin feat. @MidlBigG | Host: @narb_s https://t.co/OtHh6G4rPG

[Midl @midl_xyz]

Runes voodoo agenda.

[Midl @midl_xyz]

22 people: your yoga class, your team at work, your extended family at dinner.

Statistically, one of them is orange-pilled.

You just don't know which one yet. But we bet on your grandma.

[Midl @midl_xyz]

Come join @MidlBigG and the smart talks on @developer_dao ⚙️

Follow the link below to join, bring your questions, and some popcorn 👇

[Developer DAO (🧱, 🚀) @developer_dao]

What if you could have smart contracts on Bitcoin 🤔

🎙️ This week on DevNTell we'll be joined by @MidlBigG, who will introduce us to @midl_xyz, bringing EVM functionality to Bitcoin 🔥

📅 June 12th

📋 RSVP today

https://t.co/kYKzM2ccF2

[Midl @midl_xyz]

the magic monee always go up.

[Midl @midl_xyz]

Everyone's obsessed with Bitcoin.
Governments buying it.
Institutions allocating billions.
But nobody says the actual reason.

The intern finally figured it out.

Spent months researching. Dug deep.

The thing they don't want you to know👇