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BTC $64,759.48 +0.47%
ETH $1,914.97 +0.31%
BNB $603.32 -0.49%
XRP $1.00 +0.00%
SOL $77.18 +1.49%
TRX $0.3338 +0.93%
DOGE $0.0703 +0.00%
ADA $0.1742 -0.26%
BCH $204.35 -0.34%
LINK $9.49 -0.38%
HYPE $58.61 -0.83%
AAVE $89.42 +1.71%
SUI $0.6556 -3.22%
XLM $0.1547 -2.16%
ZEC $506.93 -1.05%

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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