SLP443 Conza - Clearing up Bitcoin Misconceptions
Stephan Livera Podcast
00:00
Is LBTC a Money Certificate?
I'm curious if you view something like LBTC as a money certificate, because this is a system where you can verify every Bitcoin that has gone in. And just more maybe more of an academic point. But I think fundamentally, it would count as a money certificates, right? Because we know 100%, you can like 100% it is verifiably backed by Bitcoin. So each LBTC is a money certificate for one Bitcoin. Yes, I'd say, yes.
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