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Some crypto purists argue that the introduction of a Bitcoin Exchange-Traded Fund (ETF) could pose risks to the fundamental principles of decentralization in the cryptocurrency space. These individuals, who prioritize the original ethos of cryptocurrencies, express concerns that an ETF might subject Bitcoin to increased regulatory oversight and institutional involvement, potentially compromising its decentralized nature. The worry is that such financial instruments could lead to centralization of ownership, expose Bitcoin to market manipulation, and deviate from the core principles that have attracted many to the crypto ecosystem.
But... do we?
*Ignore our sailor potty mouths if you must.
By James Tylee / Jonny FrySome crypto purists argue that the introduction of a Bitcoin Exchange-Traded Fund (ETF) could pose risks to the fundamental principles of decentralization in the cryptocurrency space. These individuals, who prioritize the original ethos of cryptocurrencies, express concerns that an ETF might subject Bitcoin to increased regulatory oversight and institutional involvement, potentially compromising its decentralized nature. The worry is that such financial instruments could lead to centralization of ownership, expose Bitcoin to market manipulation, and deviate from the core principles that have attracted many to the crypto ecosystem.
But... do we?
*Ignore our sailor potty mouths if you must.