Riccardo
Wed Jun 12 2024
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5 answers
707
Is Wrapped Bitcoin still Bitcoin?
I'm just curious, is Wrapped Bitcoin really still considered Bitcoin? It seems like a modified version or a derivative. I understand that it's pegged to the value of Bitcoin, but does that mean it's fundamentally the same? I'm trying to wrap my head around this concept of wrapping cryptocurrencies. Can you help clarify if Wrapped Bitcoin retains the same properties and characteristics as traditional Bitcoin? Or is it more of a separate entity with its own unique features?
