Even I don't like the idea of wrapped coins. Although it serves the purpose of bringing the coins to other chains, I personally don't like giving up my coins to a 3rd party.
What pissed me off most is that many people are just using bitcoin, they do not know many things about bitcoin, some people are using the other chain which is not bitcoin chain and they think they are using bitcointhey do not know they are using altcoin. Exchanges are easy to let people think the altcoins are bitcoin as they include them for withdrawal along bitcoin withdrawal.
Anyone who knows what bitcoin is cannot confuse it with wrapped bitcoin. Thanks to the wrapped technology, market participants have the opportunity to receive passive income in the decentralized finance market. Otherwise, bitcoin owners would have to convert their BTC into altcoins for the DeFi market.
