crypto33prophet on Nostr: It’s backed by a custodian that holds the real btc …the same if you buy btc on ...
It’s backed by a custodian that holds the real btc …the same if you buy btc on coinbase it holds it for you or robinhood …the wbtc tracks the value because it’s on blockchain with proof of reserve the IOU will always be good for real btc
Published at
2025-01-22 01:51:06Event JSON
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"pubkey": "40e04777d6a0707b5426f5c037c7251cbc5004e33f9ea938179a35f457d30936",
"created_at": 1737510666,
"kind": 1,
"tags": [
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"content": "It’s backed by a custodian that holds the real btc …the same if you buy btc on coinbase it holds it for you or robinhood …the wbtc tracks the value because it’s on blockchain with proof of reserve the IOU will always be good for real btc ",
"sig": "f8e3a5881cf70a7d731e43d2a2d0841e78d28d56103f5d61be7d583df32717f1ef0fc40193d68e75c6e20fc70d2a3f31f2264f4f58a2858f86c32280eeeee545"
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