According to @BitMEXResearch, a new BitMEX Research blog article titled Dapps or only Bitcoin transactions: the 2014 debate revisits the 2014 discussion on whether Bitcoin should prioritize decentralized applications or focus on simple payment transactions, providing historical context for current market narratives (Source: BitMEX Research blog; Source: BitMEX Research Twitter). For traders, the post offers primary historical framing that can inform how BTC-focused transaction utility narratives compete with broader dapp narratives during market rotations and dominance shifts (Source: BitMEX Research blog). The publication signals renewed attention to BTC programmability, Layer-2 design, and scope, which are themes that often coincide with shifts in BTC narrative momentum and relative performance versus dapp ecosystems (Source: BitMEX Research blog; Source: BitMEX Research Twitter).