Post
Topic
Board Bitcoin Discussion
Re: Defi on BTC
by
leea-1334
on 09/09/2021, 08:16:28 UTC
Everything is going well just means nothing bad has happened yet.

Read about hacks and malicious takeovers in defi and understand for yourself that putting your BTC at risk on another bridge is NOT the same as securing your Bitcoin on chain itself.

There is a reason BTC defi has not taken off, simply said,,, there is no bridge yet that offers the same PoW security as BTC itself.