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21 sats \ 6 replies \ @kepford OP 11 Jan \ parent \ on: ETFs are just a custodial layer 2 bitcoin
Well aware. What is your point? That the state could confiscate this paper bitcoin? Of course they could. They could do this to Coinbase as well.
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0 sats \ 5 replies \ @Lux 11 Jan freebie
The point is that neither exchanges are layer 2's. Recently Liquid and Tether are called layer 2, it just rubs me the wrong way, because it's not true.