[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  khalil [@ibrvhimx](/creator/twitter/ibrvhimx) on x XXX followers Created: 2025-07-21 12:30:50 UTC Why zenBTC can scale other wrapped Bitcoin by removing custodians entirely: Everyone loves bitcoin. It’s the hardest form of money that ever existed and it’s already outshining gold. But to use Bitcoin in DeFi, we have to wrap it. You’ve probably heard of other wrapped bitcoin like wBTC, hBTC, renBTC etc— all created to bring Bitcoin into DeFi. But these wrapped Bitcoin mint and burn through a centralized custodian. That makes your Bitcoin vulnerable to risks of withdrawal stalls or outright freezes. In short your withdrawals can be delayed or frozen. But Bitcoin can still be decentralized, yield-bearing, and mobile. Here is why🧵👇🏼  XX engagements  **Related Topics** [mint](/topic/mint) [hbtc](/topic/hbtc) [wbtc](/topic/wbtc) [money](/topic/money) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem) [coins pow](/topic/coins-pow) [Post Link](https://x.com/ibrvhimx/status/1947273056918876320)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
khalil @ibrvhimx on x XXX followers
Created: 2025-07-21 12:30:50 UTC
Why zenBTC can scale other wrapped Bitcoin by removing custodians entirely:
Everyone loves bitcoin. It’s the hardest form of money that ever existed and it’s already outshining gold. But to use Bitcoin in DeFi, we have to wrap it. You’ve probably heard of other wrapped bitcoin like wBTC, hBTC, renBTC etc— all created to bring Bitcoin into DeFi. But these wrapped Bitcoin mint and burn through a centralized custodian. That makes your Bitcoin vulnerable to risks of withdrawal stalls or outright freezes. In short your withdrawals can be delayed or frozen. But Bitcoin can still be decentralized, yield-bearing, and mobile. Here is why🧵👇🏼
XX engagements
Related Topics mint hbtc wbtc money bitcoin coins layer 1 coins bitcoin ecosystem coins pow
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