Quote from: bitcoinguy111 on September 28, 2020, 10:08:38 AM

I think many people confuse that wBTC isn't BTC ?

I assumed that wBTC was just wrapped BTC on ETH network.

I don't think there is anything wrong with that ETH network is very stable.

DeFi 2.0 is helping Bitcoin not a henerance.

IMO I think Huobi doing HBTC etc... is good for pushing the industry forward.

..Except that wBTC isn't really "decentralized" in any way whatsoever despite them calling it "decentralized" finance or "defi". You're leaving your BTC to a custodial service in exchange for a token that's just named wBTC, that's really not BTC.