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So I guess you think it's bad for bitcoin. In what ways could it be bad/good?
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RSK PowPeg protocol seems to involve less trust than wBTC. But I'm no expert there, never have been interested too much in neither RBTC nor wBTC.
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If you really need EVM smart contracts with Bitcoin, RSK with R-BTC is better than ETH with wBTC. But they are stupid anyway.