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Coinpedia
2023-12-23 05:37:17

BitMEX Founder Warns of Bitcoin’s Demise with TradFi TF Success!

The post BitMEX Founder Warns of Bitcoin’s Demise with TradFi TF Success! appeared first on Coinpedia Fintech News Arthur Hayes has raised concerns that the success of Bitcoin exchange-traded funds (ETFs) managed by traditional finance (TradFi) asset managers could lead to the cryptocurrency’s downfall. In a new blog post, Hayes argued that if Bitcoin becomes a state-controlled financial asset, it will lose its purpose as it is not used for its intended function. …

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