The SEC has disapproved the Winklevoss twin's second attempt at a Bitcoin ETP for traditional markets. Rife with contradictions & misunderstandings, a thorough rebuttal comes in a "Letter of Dissent" from none other than the SEC Commissioner herself! Don't miss today's episode!
Links to content referenced and sourced to bring together the information for today’s episode:
https://bitcoinmagazine.com/articles/winklevoss-bitcoin-etf-proposal-denied-us-sec/
https://www.coindesk.com/winklevoss-brothers-bitcoin-etf-rejected-by-sec-for-second-time/
https://www.sec.gov/rules/other/2018/34-83723.pdf
https://www.sec.gov/news/public-statement/peirce-dissent-34-83723#.W1o-36vBMDU.twitter
Support the show: 3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5
"But there is something even more interesting that happens with mining and electricity. Not only does Bitcoin mining add revenue to existing locations of...
"You can't dictate how people should use bitcoin. Bitcoin has certain properties that enable different use cases. The predominant use case will fluctuate over...
"The end result was a historical wealth transfer from regular Americans to a handful of billionaires. This wealth transfer, which was heavily premeditated and...