QuasarStorm
Fri Jul 12 2024
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7 answers
1326
Is FBTC 100% bitcoin?
Good day, esteemed finance and cryptocurrency experts. I've been hearing a lot about FBTC lately and its potential as an investment. However, I'm a bit confused about its underlying nature. Could you please clarify for me if FBTC is indeed 100% bitcoin? Is it backed by a physical bitcoin reserve? Or is it a derivative or a tokenized version of bitcoin? I'm interested in understanding its true composition and how it differs from traditional bitcoin investments. Your insights would be greatly appreciated. Thank you for your time and attention.
