Peter Schiff: ETFs go against Bitcoin's original intention of decentralization
2024-08-06 14:54:25
Economist Peter Schiff wrote on the X platform that ETFs violate the original intention of Bitcoin. They are no longer decentralized, not peer-to-peer, easily confiscated, cannot be used as payment currencies, and cannot be transferred across borders. Users no longer own private keys, nor are they their own coins.
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