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by siftrics 1311 days ago
It has everything to do with Bitcoin.

If this was all done on-chain, users would have sole custody over their funds and no one else in the entire world, including SBF, would be able to move them or loan them out.

2 comments

Bitcoin supports a few transactions per second globally. Please explain how everything would be done on chain?
It can't be done on Bitcoin.

It can be done on Ethereum.

Yes, I know. I used the term Bitcoin as a syndoche for cryptocurrencies as a whole, because the parent commenter used the term Bitcoin.