Just looking into this @worldlibertyfi "#bitcoin" purchase it seems that when 1 #BTC is converted to 1 #WBTC (#Bitcoin represented on the #Ethereum chain), the BTC is held by a custodian to ensure that the value of WBTC is backed by the equivalent amount of BTC - so the net effect is that 1 BTC is out of circulation - probably good enough for non maxis...
#bitcoin #BTC #WBTC #Bitcoin #Ethereum