Episode Details
Title | wBTC Concerns, EigenLayer Ethics, and Kamala's New Advisors | Roundup |
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Date | 8/16/2024 |
Podcast | Empire β |
Key Insights
Bullish:
- π’ $CB BTC - Discussing the potential of Coinbase's Bitcoin product and its competitive advantages.
- βMy predictions, a, 0 fees on mint redeem, b, 0 fees to withdraw to base. Super smart, by the way. And, c, it'll pass WBTC and supply within 6 months of launching.β - Jason (0:00)
- βI agree with that take. Yeah. I mean, the distribution of Coinbase is massive.β - Santiago (0:00)
- βThis is the start of every single exchange doing this. Everyone's basically just said, like, you know what? BitGo kinda has this wBTC. We don't wanna do anything. It's the start of every single exchange doing it. Kraken will do it. OKEx will do it. Binance will do it. Coinbase will do it.β - Jason (0:00)
- βWould would you wrap your Bitcoin and put it on chain? Depends on I don't know. Like, I I don't Yeah. Here's what it depends on for me.β - Jason (0:00)
- βCoinbase so some of the exchanges have done a really good job with proof of exchanges. Like, actually, OKX, I think, has done a great job with proof of, proof of reserves.β - Jason (0:00)
Bearish:
- π» $WBTC - π