bitcoin ETF

2019-Jan-24, Thursday 12:15
mindstalk: (Default)
[personal profile] mindstalk
A well-written 13 page PDF submitted to the SEC, arguing against the approval of a Bitcoin ETF. https://www.sec.gov/comments/sr-cboebzx-2018-040/srcboebzx2018040-4064523-169183.pdf

Highly manipulated penny stock equivalent, with no revenue and negative sum trading, used largely for illegal money transfer, plus unbacked claims of insurance by the ETF proposers, who would be in a position to manipulate the alleged value.
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