1374 sats \ 1 reply \ @orthwyrm 27 Apr 2023 \ on: Lightning network has more network value than all bitcoins minted on Ethereum bitcoin
The two aren't comparible anyway. WBTC is an IOU with a trusted third-party, similar to holding coins on an exchange. Much different than non-custodial Lightning wallets.
Not to mention the slower and more expensive payments, and Ethereum's poor privacy. In fact, I can't think of a single reason why anyone would use WBTC except for degenerate trading and chasing yeild ponzis.
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63 sats \ 0 replies \ @satsbridge OP 27 Apr 2023
Well, people do use WBTC and do ask about WBTC to our experience. But they are not bitcoiners as we see and closer to just traders/gamblers.
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