The #BlackRock ETF cuts both ways for #Bitcoin. On one side, it validates Bitcoin as an asset class, fostering wider acceptance. However, convenience may tempt individuals to opt for the ETF instead of self-custody. To safeguard the principles of decentralization, we must prioritize education on self-custody.

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My view is, it’s a net good for adoption, and adoption makes number go up, which draws in more people. Bitcoin’s decentralization principles only matter to a tiny minority rn.