What is Nostr?
Hongumart / hongumart
npub1ur0…7fsl
2025-01-22 14:17:39
in reply to nevent1q…ynez

Hongumart on Nostr: Do you suspect banks will do something similar if they are allowed to custody? I know ...

Do you suspect banks will do something similar if they are allowed to custody? I know that wrapped is a term for a specific cross chain action but banks would be essentially wrapping their bitcoin to issue liquidity. For that matter, isn’t micro strategy just bitcoin wrapped in a financial derivative.

Sorry, I am really trying to understand where this is all going. Seems like most of the bitcoin that the general population will deal with in 50 years is going to be bitcoin wrapped in something.
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