Jul. 11, 2018
An official SEC securitized Bitcoin ETF would be beneficial in stabilizing the global cryptocurrency market.
The US is the global leader of capitalism but in terms of blockchain technology we are falling behind countries like Japan and China with Russia, Germany and even territories like Malta implementing legislation to advance the cryptocurrency space.
In my opinion and many like minded individuals such as myself the US should be at the forefront of this technology and the supporting aspects of the blockchain.
A sanctioned ETF by the SEC will be the catalyst of not only an economic boom in the financial sector but will have a tremendous impact on technology and education.
We are at the cusp of a global breakthrough. An EFT open to all investors not just those who are accredited would be the start of a true global market where anyone with a smartphone can become an investor. Please let's be proactive and not reactive in approving a Bitcoin ETF.
Thank you for your consideration.
Richard Dunlop