Prompt for https://chat.openai.com/chat:
Please explain why someone would want to buy Bitcoin and bridge it to decentralized finance with tBTC on the Threshold Network?
Copy (slightly modified) selected for synthesia video:
Bitcoin is the largest and most well-known cryptocurrency in the world, and you may want exposure to it as a long-term store of value, for potential price appreciation or as a hedge against inflation.
By using tBTC to bridge your Bitcoin to DeFi, you can earn interest, borrow against your Bitcoin holdings, and access other DeFi applications that would otherwise not be available to you without trusting a third party intermediary.
Decentralized finance (DeFi) protocols offer a range of financial services that are often more accessible and flexible than traditional finance, such as the ability to earn interest on cryptocurrency holdings, trade cryptocurrencies in a decentralized and permissionless manner, borrow and lend cryptocurrency without intermediaries, and more.
By using tBTC to bridge your Bitcoin to DeFi, you can take advantage of these decentralized financial services while still holding onto your Bitcoin.
This is because tBTC is an ERC-20 token on the Ethereum network that is fully backed by Bitcoin.
tBTC allows users to hold Bitcoin and still access the many DeFi applications and services that are available on Ethereum.
tBTC unlocks greater potential for your Bitcoin holdings!