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RE: How the SEC ETF decision is a great example of how bitcoin creates value
@knircky, nice post! In my view, the ETFs can damage the ecosystem of Bitcoin. ETFs will lead to centralization what will lead to price reduction of the cryptocurrency. We need more users, small players, not big ones. This is important for the success of the Bitcoin.
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This is what andreas is pointing to as well.
I am not worried about that part too much. But certainly it would create an easy way to confiscate bitcoins from the people.