Ryan Sean Adams (rsa.eth)
@rsa.eth
Quiz: what is the actual settlement layer for cbBTC? It's not Bitcoin. Nor Ethereum, Arbitrum, Base, or any L2. The settlement layer for cbBTC is Coinbase Global, Inc, a Delaware corporation - backed by Delaware corporate law & secured by the USA property rights system.
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Shannon Benton
@swolf
cbBTC's settlement layer being Coinbase Global, Inc. provides strong legal protections and property rights
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