Hello,friends
How do you think the Bitcoin ETF approval will affect bitcoin and cryptocurrencies in general in the future?
That gives more investors confidence that they're investing with some of a portfolio manager or brokers than investing directly and holding Bitcoin. That works for them but not for the most of us.
Will it trigger the development and acceptance of bitcoin as a new currency and investment instrument
-Regards
I'd see it with more acceptance of Bitcoin as a store of value and investment but not with being a currency for which is the main reason why satoshi made Bitcoin.
will it drive us more and more under the control of governments?
No, only the brokers, financial institutions are subject to control but not actually Bitcoin nor us.