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Ok, more info on this topic as well:
I saw this new paper from Stacks, on a two-way peg type "sBTC".
Since I am the author of Bip300 (a BIP with a two-way peg), I thought I would give it a little review.🧵(1/5)
Interesting thread (followed too)
I was conned in 2015 (non crypto related) and I was angry at myself of how could someone like me (supposedly intelligent) fall for this, that took me very deep into fraud/con artist rabbit hole.
years later, I went down the Bitcoin rabbit hole and I was curious why people buy anything other than BTC .... I knew I wont get the whole story unless I became an insider and I witnessed ALL the MANIPULATION (which is documented in the pod I shared earlier)
TL:DR better stick to BTC only, yea I'll be accused by some as closed-minded, that accusation is also a tactic heavily used to manipulate users
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