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0 sats \ 1 reply \ @Solomonsatoshi OP 14 Aug \ parent \ on: ETFs- a Sly Strategy to Capture & Control the Protocol, or Can We Trust Them? bitcoin
It depends how you define failure, but if we take the stated intention of the white paper seriously then ETFs definitely and directly undermine that intention.
ETFs are simply an attack on the social layer of Bitcoin. There will be many more such attacks, and they will get much more sophisticated. Best thing we can do to resist these attacks is ignore them & use Bitcoin the way we think it should be used.
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