Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ETFs: Are They Actually Good for Decentralization, Long Term?
by
collecttmaster
on 08/07/2025, 13:53:20 UTC
There is nothing wrong with this. People confuse distribution of wealth with the protocol. The wealth can be very centralized and the protocol will remain decentralized. It can never have an impact on the protocol, but people don't understand this because they are still stuck in the old ways of thinking. In traditional systems if you have a lot of wealth centralized, then you can manipulate things for yourself with your power. This is not the case with Bitcoin! Besides, ETFs are holding coins for countless thousands of institutions and people so really it is not even centralized ownership but instead just a big custodian. S