Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Here is an interesting question to ponder: If a 'shitcoin' only wants to work with bitcoin and simply wants to build smart contract functionality on bitcoin, then is it a 'shitcoin' or maybe a Robin to btc's Batman?
We already have Liquid, Microsoft ID and now another one (check yourself which one it is), which you can stack using bitcoin blockchain.
Incidentally, it is up a lot today, probably mostly because it's head honcho declared that they will have btc borrowing capability with NO asset exchange or wrapping (pure btc lending with NO third party, all on btc blockchain).
Sounds unbelievable, basically a decentralized Blockfi.
I am quite curious about it. Main theme: You still have keys to your btc, but able to lend it out.
Not sure about specifics, which are important, of course.
We already have Liquid, Microsoft ID and now another one (check yourself which one it is), which you can stack using bitcoin blockchain.
Incidentally, it is up a lot today, probably mostly because it's head honcho declared that they will have btc borrowing capability with NO asset exchange or wrapping (pure btc lending with NO third party, all on btc blockchain).
Sounds unbelievable, basically a decentralized Blockfi.
I am quite curious about it. Main theme: You still have keys to your btc, but able to lend it out.
Not sure about specifics, which are important, of course.
How can you actually lend bitcoin and keep valid keys? This is unclear. The devil is in the details, of course. If it sounds too good to be true, it probably isn't, not your keys not your coins etc. But now that's it's "temporarily not your coins", does it imply "temporarily not your keys"?
IOW: This sounds really sweet, but we do need more details about Robin, even if it should cause a few Batman slaps
