
Phyrex|Jul 03, 2025 08:17
I completely agree with what Brother Wu said. This is not a lie in itself, but rather a mapping of securities firms' existing assets to the blockchain. For example, if RobinHood's own OpenAi stock is BTC, then the OpenAi stock sold on RobinHood's blockchain is wBTC, backed by BTC as an endorsement. However, this does not mean that the price of wBTC will always be equal to the price of Bitcoin.
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