July 17, 2018
To whom it may concern,
I would like to share my opinion regarding the possibility of a Bitcoin ETF.
Let me first justify the need for crypto currencies and why a successful market would benefit the US government.
Instead of listing my arguments backing up the fundamentals behind crypto currencies, instead let me share a link of a TedX talk from Charles Hoskinson.
https://www.youtube.com/watch?v=97ufCT6lQcY
The future will be decentralized | Charles Hoskinson | TEDxBermuda
This talk was given at a local TEDx event, produced independently of the TED Conferences. Tech entrepreneur and mathematician Charles Hoskinson says Bitcoin-related ...
www.youtube.com
If for safety reasons you are unable to click the link the title of the video is
"The future will be decentralised Charles Hoskinson TEDxBermuda"
The problem with crypto currencies is the lack of regulation protecting investors. Just look at the recent exchange hacks. I'd hope the SEC is capable of providing stronger safety than the micro exchanges, protecting investors and preventing crime. This also would lead to large gains in the market boosting tax revenue's and allowing for better diversification opportunities.