Replying to Avatar utxo the webmaster 🧑‍💻

To be considered a Bitcoin layer, you have to be able to trustlessly settle back on chain

That's why liquid is not a layer two, and certainly custodians aren't a layer

Imho
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antifragilemoney 1y ago

So are you saying there is no layers to the US dollar? There's only the central bank for the USD as an actual layer and everything else are just custodians?

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