SEC Statement on the Approval of Spot Bitcoin Exchange-Traded Products
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Re: SEC Statement on the Approval of Spot Bitcoin Exchange-Traded Products
#2Fantastic quote:
Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing.[7]
To poke a nest, which other assets are used for the aforementioned activities
Re: SEC Statement on the Approval of Spot Bitcoin Exchange-Traded Products
#3Fantastic quote: Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing.[7] To poke a nest, which other assets are used for the aforementioned activities
Paper money and gold through the hawala networks.
Both have ETFs.
Re: SEC Statement on the Approval of Spot Bitcoin Exchange-Traded Products
#4Fantastic quote: Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing.[7] To poke a nest, which other assets are used for the aforementioned activities
Paper money and gold through the hawala networks. Both have ETFs.
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Re: SEC Statement on the Approval of Spot Bitcoin Exchange-Traded Products
#5Fantastic quote: Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing.[7] To poke a nest, which other assets are used for the aforementioned activities
Paper money and gold through the hawala networks. Both have ETFs.
Where can I invest in paper money ETF?
Re: SEC Statement on the Approval of Spot Bitcoin Exchange-Traded Products
#6Re: SEC Statement on the Approval of Spot Bitcoin Exchange-Traded Products
#7More discussion: https://news.ycombinator.com/item?id=38943291
Re: SEC Statement on the Approval of Spot Bitcoin Exchange-Traded Products
#8Fantastic quote: Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing.[7] To poke a nest, which other assets are used for the aforementioned activities
Paper money and gold through the hawala networks. Both have ETFs.
Hawala networks don’t have ETFs.