0 sats \ 5 replies \ @Lux 11 Jan freebie \ parent \ on: ETFs are just a custodial layer 2 bitcoin
The point is that neither exchanges are layer 2's. Recently Liquid and Tether are called layer 2, it just rubs me the wrong way, because it's not true.
write
preview
0 sats \ 4 replies \ @kepford OP 11 Jan
In your opinion what is a layer?
reply
10 sats \ 3 replies \ @Lux 11 Jan
Anything built upon the base layer, the timechain, that facilitates Bitcoins function, respecting the consensus and purpose Peer to peer electronic cash system
reply
21 sats \ 2 replies \ @kepford OP 11 Jan
Yeah, I see what you are saying... I am updating my thinking. May write a retraction lol.
reply
33 sats \ 1 reply \ @Lux 11 Jan
I'm glad I can be of help, no hard feelings
reply
0 sats \ 0 replies \ @kepford OP 11 Jan
Of course.
reply