⭐ Merited by FatFork (1)
You and @FatFork pointed it out. Even if its called Wrapped Bitcoin - it has nothing to do with Bitcoin itself. Quite the opposite: The reason why Bitcoin came into existence is violated here...
Decentralization - hm...not on that chain!
I should start selling Loycified Bitcoins, they're worth 1 LB = 1 BTC! I'll hide behind a shell company on the Cayman Islands, and if I disappear, well, let's say I trust myself more than I trust Binance Decentralization - hm...not on that chain!
Don't forget they're also using this to hype their centralized made-up shitcoin that's now "worth" $33,316,312,875.