Am I missing something?
I do worry about all the bitcoins being held in centralized exchanges, just because that is a terrifically huge proportion of the total supplyall held in a relatively few points of failure, susceptible to coercion, etc.
Pretty much everything.
Wrapped bitcoin is a ERC-20 token and is on "their" platform, not their token on "ours".
BTW, it is trading at exact same price as btc, but you can do 'tricks' with it on de-fi.
Those who have the widest platform...
I fear for such ignorance/superiority complex to continue forth unabated.
While btc was the first and I have a majority on my "crypto" funds committed to it does not mean that I shall ignore the threats to it's dominance.
THAT would be foolish.