The truth remains that no matter how many centralized exchanges, users always have the choice to use decentralized wallets and exchanges. No matter what happens, Bitcoin’s features are permanent and can’t be modified. The bad part of the Bitcoin ETF approval is that it will draw attention so people will rather use Bitcoin as an investment other than a currency. And if a bigger percent of holders think that way then we may never fully grow as a currency.
Are you trying to blame bitcoin ETFs for turning bitcoin into an investment? Let me ask, how long have you been in the market and have you ever spread or tried using bitcoin as a currency? Or do you just see it as a speculative tool to make more money? Bitcoin was an investment before the bitcoin ETF was approved, and it was early investors like us who made it an investment. Don't try to blame ETFs or the government when 10 years ago they still didn't care too much about bitcoin. Also, if bitcoin wasn't volatile, didn't generate profits would you still be here? Please answer honestly.