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Because they can hold BTC for the purpose of using ethereum apps instead of selling BTC.
by crystaln 8y ago
Because they can hold BTC for the purpose of using ethereum apps instead of selling BTC.
- josu 8y agoYou 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.