Replying to Avatar mattybs

At least WBTC is redeemable for the real thing
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BITpartner.cz 2y ago

Been playing a bit with #LBTC on #Liquid lately, even though fees are not so high right now, if we ever get sustained 25+ sat/vB, I'm all for using it to move smaller amounts cheaper than onchain...

Ofc don't hold your cold storage funds there, but short-term storage, I don't see a problem.

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mattybs 2y ago

Right - we can't just decide every implementation is bad.

That screengrab from OP does show a lot of coins that are not BTC or representations of BTC. WBTC is just BTC custodied by BitGo. We could do way worse.