.png)
(
)(
)While everyone in Crypto space is excited about the Bitcoin ETF. But it is the Worst thing it that can ever happen to Bitcoin. It is the Banks’s way of taming Bitcoin, it is not good for the health of Bitcoin, it is not good millions of people who are excited about decentralization, it's not good for the adoption of Bitcoin, its not good for the price growth of Bitcoin
But however I think it will happen tomorrow sometime in future but please know this is not what SATOSHI NAKAMOTO invented Bitcoin for.
The whole idea of Bitcoin is to replace the fiat MONEY system, the HIghly MAnipulative stock market and Scammy Banking SYSTEM, but Bitcoin can't do that by BEing a part of it. IT can't replace banks by being one of the banking financial instrument, please understand this.
Bitcoin ETF might cause some temporary price gain but in the long run after Bitcoin ETF Bitcoin price will become highly manipulative and It will be controlled by centralised Financial institute
I am against BITCOIN ETF, what about You?
Nice pictures!
Thank You .