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@ Den Yellek
2025-04-26 21:42:18
No.
If I want to give someone money no one in the world can stop me even with KYC coin. Yes it is true that since I am KYCd that this can be tracked. And yes that means I may face repercussions from sending the coin. But fundamentally it is still mine to spend and no one can stop me.
It is still permissionless in complete contrast to an ETF.
Also from the theft side an ETF could completely rug one or many of their users and there is nothing you could do. There is also risk of their custodian mishaldeling funds or blatant fraud through issuing paper bitcoin.