#Kraken has launched its own wrapped bitcoin (BTC) token, kBTC, how many of these Bitcoin wrappers are going to misdirect people to buying non-sense and gamble on shoddy rugpull #DEFI smart contracts on other chains come the next bull run?
Discussion
Next shitcoin like nostr:npub1nyyhnqahf3cgqzcc927x7eqyd2msgplfe27ddn6hpgu2m200wh2s0s7gan?
Lol at least Liquid has confidential transactions but yeah if you can't even stomach L-BTC and sidechains then this would not be for you
True, I can't use shitcoins pretending to be bitcoin.
BTW nostr:npub1nyyhnqahf3cgqzcc927x7eqyd2msgplfe27ddn6hpgu2m200wh2s0s7gan are sidechain, like many others.
Deal with this...
The darker side of capitalism. Caveat emptor!
its like cheap cola, but the same price as the real thing 💪🏻
LOL yeah knock off Bitcoin is clearly big business, theres wBTC, cbBTC and now kBTC oh and tBTC and they hold over 100 000 BTC in these products, if they fully backed we don't know but this also can lead to double spending
A grifter’s gotta grift! Rug, Rinse, Repeat. People may learn eventually🤞🏻