I think technically speaking it should be considered a shitcoin because it's held by a federation. But not necessarily raging diarrhea as it is verifiably 1 to 1. But that's just my take. It is cheap to move around.
Eh, not quite. It’s better then holding on exchange but not as good as holding your own private keys. Somewhere in the middle but not a “shitcoin”
I can live with that 🔥