You geniuses are paying almost $1 for a token someone made on ETH and named after BTC? Anyone could do this.
You're more than welcome to do that. In fact many many other people have tried to do the same thing. What everyone can't do is build a real-world ecosystem around it, which only eBTC has been able to do.
Ebtc was the first token of its kind. A lot of copycats came and tried to imitate but they failed. EBTC is only growing by the day. I really believe ebtc will be a better payment option than bitcoin. Once eth goes to proof of stake and ebtc will require no mining, no hard forks, so it will be better for the environment.