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If there are no shitcoins on Bitcoin what are we going to exchange? Satoshis for other satoshis?

Bitcoin > Security Tokens > Fiat > Shitcoins 😎. There are so many assets you can utilize that are not shitcoins.

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fuji.money can wrap securities, bonds, and other financial instruments on Liquid, with no KYC

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How does that work? Is it trustless?

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On Liquid there's USDT (Tether) for example.

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