Post
Topic
Board Bitcoin Discussion
Re: How the Bitcoin ETF could actually tank Bitcoin's market value
by
legiteum
on 26/01/2024, 15:26:50 UTC
What if, by positioning Bitcoin as a serious investment that is judged along side other investments in companies, real estate, hard commodities, bonds, and so on, that the scrutiny actually diminishes Bitcoin's appeal?
Of course this means that in this case Bitcoin is not like a decentralized system so its value and attractiveness can increase or decrease depending on Bitcoin being converted into investment assets such as gold, houses, land or other types of assets. Because each type of asset has a different function it all depends on the value offered.

But all ETFs are necessarily centralized, so what could "decentralized" possibly mean in the context of somebody buying shares of an ETF?