Discover and read the best of Twitter Threads about #BitcoinNativeDeFi

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1/x Sharing some news that has now been a long time coming.

We're leaving behind ETH & our previous cross-chain approach to take a #Bitcoin-native approach to building all of our future products. #BitcoinOnly #BitcoinNativeDeFi

Time for a thread 👇👇👇

atomic.finance/blog/an-atomic…
2/x A few months back, as a team, we began asking ourselves some tough questions about the ETH DeFi space and what kind of direction we should take as a company.

To answer this, we asked ourselves:

"Why did we start Atomic Loans in the first place?"
3/x The reality is almost all financial tools for #Bitcoin today do not share the same assurances as Bitcoin.

Censorship- & seizure-resistance, borderless, pseudo-anonymity, auditability, verifiability, and scarcity.

CeFi and wrapped BTC converts Bitcoin ➡️ Bitcoin IOU
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