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     6 years ago 

    Thanks @workin2005, yeah WBTC definitely an interesting concept but I wonder how much the creation of derivatives on top of Bitcoin might end up hurting its scarcity as an asset...

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       6 years ago 

      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.

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         6 years ago 

        Yeah, exciting times ahead regardless!

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