BTC $79,208.09 +0.96%
ETH $2,501.87 +1.43%
BNB $754.46 +1.00%
XRP $1.44 +3.93%
SOL $104.61 +1.85%
TRX $0.3383 +0.27%
DOGE $0.0906 +1.47%
ADA $0.2209 +1.98%
BCH $259.38 +0.65%
LINK $12.57 -0.73%
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AAVE $130.11 -0.87%
SUI $0.8198 +0.87%
XLM $0.1906 +0.57%
ZEC $1,233.31 +8.73%
BTC $79,208.09 +0.96%
ETH $2,501.87 +1.43%
BNB $754.46 +1.00%
XRP $1.44 +3.93%
SOL $104.61 +1.85%
TRX $0.3383 +0.27%
DOGE $0.0906 +1.47%
ADA $0.2209 +1.98%
BCH $259.38 +0.65%
LINK $12.57 -0.73%
HYPE $86.58 +2.94%
AAVE $130.11 -0.87%
SUI $0.8198 +0.87%
XLM $0.1906 +0.57%
ZEC $1,233.31 +8.73%

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

2024-08-06 23:05:43

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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