What's your take? Does mainstream access come at a cost to the core Bitcoin ethos?
Yes, Bitcoin is experiencing price surge from adoption from big players and indirectly trading it's decentralized ethics. If the trend continues, it means that centralization is finally winning over decentralization which Bitcoin was designed for.
Bitcoin ETFs are far from decentralized, it's more like
giving someone money to helpbuying shares from their Bitcoin portfolio, so you
purchase something and manage it for youdon't have direct control over your Bitcoin.
As long as investors are not in charge of their coins directly by being in possession of their seed phrases or private keys. They're not in control and it's not decentralized.
ETF are centralized and don't contribute to Bitcoin decentralized network. They only contribute to the prize surge and isn't a good idea for decentralized when acquiring bitcoin for yourself