Replying to Avatar wencke

yeah true. I’m just trying to understand the importance of decentralization in this case. In my head, if SEC greenlights the Bitcoin-EFT, a lot

of the decentraliztion will dissappear a core

part of why Bitcoin have a monetary value.

But I’m not very good at this, just trying to think about the consequences and impacts something so big will have on it
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Sourcenode 2y ago

I understand the concern. The ETF will have no impact on the decentralization of the protocol. It may cause a bunch of people to invest in an ETF which is centralized, but that's their mistake. Won't make a difference to bitcoin or the people who self custody

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wencke 2y ago

I understand! Thank you 🫂 I appreciate the fact that you made a little easier to understand. Hopefully for other as well