Are bitcoin-associated securities (e.g. STRD, STRK, STRF, etc) shitcoins?
It's not a shitcoin, it's a layer 2. But I don't suggest to put significant amounts in it. 🤔
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By that logic MSTR & co are the same as the Lightning Network.
There's L2 better than others but yes. I would agree that this is the same as a custodial Lighting Network wallet.