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A comment on No Bitcoin ETFs at Vanguard. Parent comment

Re:No Bitcoin ETFs at Vanguard by hocuspocus on Sunday January 26, 2025 @02:16PM (#42833005)
The most popular stablecoins aren't trustless, proving the parent's point.
[ Parent | on HN ]
Re:No Bitcoin ETFs at Vanguard by kinakomochidayo on Sunday January 26, 2025 @06:44PM (#42835542)
Parent's point is weak - it's not possible right now for people around the world to hold fiat/stocks in their own centralized, custodial wallets due to stringent KYC/AML, and blockchains currently fill that need for stablecoins, and will fill that need for tokenized stocks, treasuries, etc.
[ Parent | on HN ]
Re:No Bitcoin ETFs at Vanguard by hocuspocus on Monday January 27, 2025 @03:40AM (#42838796)
And again, nobody needs blockchains to tokenize centrally issued securities.
[ Parent | on HN ]