Bitcoin ETFs are a Terrible Idea: Andreas Antonopoulos30.42

Announcing this week he intended to “burst” the ecosystem’s “bubble” because of “Lambos” and “to the moon, and all that,” one of the most respected thought leaders in cryptocurrency, Andreas M. Antonopoulos revealed he believes bitcoin exchange traded funds (ETFs) are “a terrible idea.” The author of The Internet of Money and the seminal Mastering Bitcoin does think bitcoin ETFs are coming, but he also suggests bitcoin ETFs mean a kind of financialization that runs directly counter to the entire point of Bitcoin specifically and cryptocurrency generally.

Also read: Bitcoin Stickers Attract Unwanted Attention from Authorities

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