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ZEC $482.09 -1.59%
BTC $64,171.74 +0.27%
ETH $1,868.96 +0.54%
BNB $566.73 +1.10%
XRP $1.10 +1.35%
SOL $74.39 +0.56%
TRX $0.3330 +0.88%
DOGE $0.0724 +5.04%
ADA $0.1651 +1.14%
BCH $209.99 +0.48%
LINK $8.40 +0.70%
HYPE $57.87 -1.46%
AAVE $92.13 -1.98%
SUI $0.7147 +0.21%
XLM $0.1787 +0.83%
ZEC $482.09 -1.59%

Peter Schiff: ETFs go against the original intention of Bitcoin's decentralization

2024-08-06 23:05:43
Collection

ChainCatcher message, economist Peter Schiff posted on social media that ETFs go against the original intention of Bitcoin; it is no longer decentralized, not peer-to-peer, easily confiscated, cannot be used as a payment currency, and cannot be transferred across borders. Users no longer hold private keys, so it is no longer their coin.

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