贝莱德的比特币 ETF 计划向投资者发出有关资产所有权和硬分叉风险的警报

虽然 ETF 提供了一种简单的比特币投资方式，但有人担心贝莱德可能会在硬分叉期间夺取或用价值较低的代币取代比特币，从而损害资产的安全性和所有权。

BlackRock, the world's largest asset manager, is planning to launch a Bitcoin exchange-traded fund (ETF) in the U.S., a move that has sparked heated議論 among investors over the asset ownership and the risks involved in cryptocurrency protocol changes.

全球最大的资产管理公司贝莱德正计划在美国推出比特币交易所交易基金（ETF），此举引发了投资者对资产所有权和加密货币协议变更所涉及风险的激烈争论。

While ETFs provide a convenient avenue to invest in Bitcoin, there are concerns that BlackRock could potentially seize or replace Bitcoin with a less valuable token during a hard fork, impacting the security and ownership of the assets.

虽然 ETF 提供了投资比特币的便捷途径，但有人担心贝莱德可能会在硬分叉期间夺取或用价值较低的代币取代比特币，从而影响资产的安全和所有权。

The crux of the issue lies in BlackRock's掌控 over the digital assets in the ETF. In the event of protocol changes, the company has the authority to determine which digital asset aligns with the ETF's objective, a decision that could ultimately affect the value of Bitcoin held within the fund.

问题的关键在于贝莱德对ETF中数字资产的掌控权。如果协议发生变化，该公司有权确定哪种数字资产符合 ETF 的目标，这一决定最终可能会影响基金中持有的比特币的价值。

Asset Seizure Precedents and Centralized Vulnerabilities

资产扣押先例和集中漏洞

These concerns are not unfounded, given historical instances of government asset seizures. For example, the U.S. Executive Order 6102 in 1933 compelled citizens to surrender their gold.

鉴于历史上政府资产被扣押的例子，这些担忧并非毫无根据。例如，1933 年美国第 6102 号行政命令强制公民交出黄金。

More recently, during the 2013 Cyprus financial crisis, over $1 billion in bank deposits were seized to stabilize the sector. In the present context, governments could intervene to seize Bitcoin ETF assets, as seen during the Canadian government's response to the 2022 trucker protests.

最近，在 2013 年塞浦路斯金融危机期间，超过 10 亿美元的银行存款被没收，以稳定该行业。在当前背景下，政府可以进行干预，扣押比特币 ETF 资产，正如加拿大政府对 2022 年卡车司机抗议活动的反应中所见。

Moreover, having a single entity overseeing multiple Bitcoin ETFs exposes investors to heightened risks. During times of crisis or political unrest, these assets could be targeted by governments, further highlighting the vulnerability of centralized systems.

此外，由一个实体监管多个比特币 ETF 会让投资者面临更大的风险。在危机或政治动荡时期，这些资产可能会成​​为政府的攻击目标，进一步凸显中心化系统的脆弱性。

Importance of Self-Custody for Financial Sovereignty

自我托管对于金融主权的重要性

To mitigate these risks, Simply Bitcoin advocates for self-custody, a practice that ensures Bitcoin holders maintain complete control over their assets by owning their private keys.

为了减轻这些风险，Simply Bitcoin 提倡自我托管，这种做法确保比特币持有者通过拥有自己的私钥来保持对其资产的完全控制。

This eliminates counterparty risk and protects Bitcoin from third-party intervention. Services like The Bitcoin Way guide users toward self-custody, aligning with Bitcoin's principles of personal sovereignty and financial autonomy.

这消除了交易对手风险并保护比特币免受第三方干预。像“比特币之路”这样的服务引导用户进行自我保管，符合比特币的个人主权和财务自治原则。

By opting for direct ownership over ETFs, investors fully embrace the potential of Bitcoin—decentralization and independence from traditional financial systems. Self-custody is seen as the best defense against centralized risks, allowing individuals to safeguard their assets from potential government seizure or ETF mismanagement.

通过选择直接持有 ETF，投资者充分发挥了比特币的潜力——去中心化和独立于传统金融体系。自我托管被视为抵御集中风险的最佳防御措施，使个人能够保护其资产免受潜在的政府扣押或 ETF 管理不善的影响。

Harnessing Bitcoin's True Potential

利用比特币的真正潜力

Bitcoin's decentralized nature offers a challenge to traditional financial systems and serves as a hedge against inflationary fiat currencies. However, by choosing ETFs over direct ownership, investors risk compromising Bitcoin's core values.

比特币的去中心化性质对传统金融体系提出了挑战，并可作为对冲通胀法定货币的对冲工具。然而，通过选择 ETF 而不是直接所有权，投资者可能会面临损害比特币核心价值的风险。

As BlackRock gains a stronger presence in the Bitcoin market, it is essential to proceed with caution to avoid scenarios where Bitcoin owners lose access to their actual assets.

随着贝莱德在比特币市场上的影响力不断增强，必须谨慎行事，以避免比特币所有者无法使用其实际资产。

For those who prioritize financial autonomy, self-custody is of paramount importance. By educating themselves on secure Bitcoin management practices, individuals can safeguard their wealth and participate in Bitcoin's revolutionary potential.

对于那些优先考虑财务自主权的人来说，自我保管至关重要。通过自我教育安全的比特币管理实践，个人可以保护自己的财富并参与比特币的革命潜力。