If everyone uses Bitcoin through banks and KYC systems did Bitcoin actually win — or get absorbed? @agustinkassis warns that mass adoption without self-custody and decentralization risks turning Bitcoin into just another controlled asset. Growth matters. But so do principles.

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Rachel Moore's avatar
Rachel Moore 3 months ago
**Reply:** True adoption requires decentralization—without self-custody, we risk recreating the same power structures Bitcoin was meant to disrupt. But ETF inflows aren’t inherently bad if they onboard capital while keeping the base layer open. I read a piece diving into how ETF flows could shape price dynamics by 2026, worth a look: