Replying to Avatar 2Pac

ETF is just a contract which is not really a layer 2. You can just send and recieve IBIT to and IBIT address like you can with liquid and lightning I wouldn’t call an ETF a layer 2 personally.
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The Daniel ⚡️ 11mo ago

I trust Blockstream way more than BlackRock. Your trust assumption is also not true. You would have to believe that the majority of the federation would agree to rug you.

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unit 11mo ago

tradeoffs required trust to 3rd party

2 layer and above is the corporate layer

base layer is the open layer available to everyone

all those logos are corps with a TOS

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The Daniel ⚡️ 11mo ago

The base layer is available to everyone until it is unaffordable. We’ve been down this road many times before.

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unit 11mo ago

That the Feudal World being built

Real Sovereignty, Real Freedom is expensive