Valid point. It should increase liquidity, but can see how it may also increase perceived supply. Obviously backing it 1:1 to btc forces true scarcity to remain in tact....but we'll see how the market reacts.
Valid point. It should increase liquidity, but can see how it may also increase perceived supply. Obviously backing it 1:1 to btc forces true scarcity to remain in tact....but we'll see how the market reacts.
RE: The Crypto Digest #8 - Wrapped Bitcoin on Ethereum, Cyberattacks, The Simulation Argument ... and a Song!