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cryptonews 2023-11-06 07:18:44

Arthur Hayes Warns of Institutional Hold on Bitcoin – Innovation or Centralization?

Growing institutional custody service over bitcoin is raising alarms. Arthur Hayes, the founder of Maelstrom Fund, said that bitcoin’s core value of decentralization could be at risk. In a recent podcast with Blockworks, Hayes portrayed a future where dominant financial establishments could consolidate large amounts of bitcoin. “Let’s say Larry Fink and his [traditional finance] The post Arthur Hayes Warns of Institutional Hold on Bitcoin – Innovation or Centralization? appeared first on Cryptonews .

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