Bitcoin programmability is advancing rapidly, independent of changes in Bitcoin Core code. Innovative solutions like Bitcoin PIPEs (Polynomial Inner Product Encryption) and Starknet's initiatives are demonstrating Bitcoin's potential for decentralized finance (DeFi), including features like covenants, yield farming, staking, and lending without the need for protocol upgrades. Starknet has recently announced its integration with the Xverse wallet, aiming to enhance Bitcoin's transaction capacity while providing a seamless DeFi experience. Bitcoin PIPEs, backed by Polychain Capital, offer a unique method to verify zk-SNARKs on Bitcoin, which could provide a more trust-minimized approach compared to current solutions. StarkWare's CEO highlighted that while PIPEs may be cheaper than alternative solutions like ColliderScript, they rely on uncertain cryptographic assumptions. As these technologies develop, 2025 is set to be a significant year for Bitcoin, potentially allowing it to function more efficiently without necessitating protocol changes. The underlying message is clear: Bitcoin can maintain its status as a store of value while expanding its utility in the finance sector.

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