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Issuing "assets" on Bitcoin is going to falsely give investors the impression that these assets have the security of Bitcoin when they will be no more secure than any Ponzi scheme or shitcoin.
Don't you see there is a significant security difference (in terms of possible Ponzi scheme) between some crappy shitcoin token and USDC token both issued on Ethereum?
People were not so dumb to think this way, and to think that both these assets inherit security in terms of Ponzi scheme - from Ethereum. Obviously the same situation will happen for any assets issued on Bitcoin (using RGB or Taro)