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I don’t understand why anyone would use this instead of the real BTC or ETH.

• devereaux 8y ago
  At least there's an effort - it's slightly better that yet another fork looking to separate people from their hard earned BTC. Still, 1/10, nothing to see, move along!
• crystaln 8y ago
  Because they can hold BTC for the purpose of using ethereum apps instead of selling BTC.
  • josu 8y ago
    You don't actually hold BTC though, Bitgo does. It's more like a deposit certificate, if Bitgo were to lose the BTCs, all WBTCs would become worthless. I much rather RSK's approach: bring easily programmable smart contracts to Bitcoin. Rather than bringing Bitcoin to smart contracts.
• clanrebornwow 8y ago
  Not just that transaction are faster and cheaper on Ethereum. So you can move bitcoin without actually transacting bitcoins on bitcoin network. Less fee and faster transactions
• jstanley 8y ago
  So that Ethereum contracts can interact with it.
• tmlee 8y ago
  In the context of Ethereum ecosystem, such as dapps or decentralized exchanges; this allows bitcoin to be treated like an ERC-20 token to interact with contracts