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Just bought my first bitcoins on @base 

(Thanks @ccarella.eth x @interface for showing me this new wrapped coin 🫡)

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why is it wrapped ?? what am i missing lol like why can’t it just be BTC

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@vortac made me realise how dumb my question was LOOOL but i get the gist yes. just still wondering why does it need to be on ETH/Base (my guess is low fees?)

Because bitcoins has its own blockchain

You need to wrap it so it can live on ETH 

Basically the bitcoins are bought on bitcoin, stored, and converted to wrapped bitcoin 

The process is more complex but I think you get the idea

LOOOL o wait true 😂😂 i guess i was more missing what the perk is of having it on Base at all. the benefits of low fees & efficiency whilst also having the value of bitcoin ?

It's on Base, Benna 🤷‍♂️ How can it not be wrapped then?