LogicallyMinded on Nostr: It’s true that #tradefi is seeking to gain influence over the #Bitcoin network but ...
It’s true that #tradefi is seeking to gain influence over the #Bitcoin network but I don’t get the reasoning to say that #drivechain are instrumental to this dynamic.
Tradefi doesn’t need #Bip300 to create BS tokens. They can already launch other blockchains or smart contrats to print tokens and attempt to sell them for fiat. Drivechains won’t make it better or easier for them to do so.
#Bitcoin #BTC
Published at
2023-09-03 20:59:44Event JSON
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"content": "It’s true that #tradefi is seeking to gain influence over the #Bitcoin network but I don’t get the reasoning to say that #drivechain are instrumental to this dynamic. \n\nTradefi doesn’t need #Bip300 to create BS tokens. They can already launch other blockchains or smart contrats to print tokens and attempt to sell them for fiat. Drivechains won’t make it better or easier for them to do so. \n\n#Bitcoin #BTC",
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