Subject: VanEck SolidX Bitcoin ETF SR-CboeBZX-2018-040
From: Sami dos Santos
Affiliation:

Dec. 02, 2018

To the commissioned

Regarding VanEck / Solidx's proposal for a bitcoin ETF, it should be approved, for the reason that will bring more credibility and confidence to the market and especially to institutional investors. And bitcoin itself is revolutionary for its reasons:

1 - Fast to carry out transactions;

2 - Inexpensive to carry out transactions;

3 - Not conspicuous (as happened Aquino Brazil with the Collor plan in 1991)

4 - Privacy

5 - Blockchain a system that has never been corrupted or manipulated, as it happens in system centralization that generates corruption and money laundering.

6 - Weapon against poverty, and anyone with an internet access can transfer to anywhere in the world through bitcoins;

7 - Non-inflationary, because it is scarce at 21 million units, bitcoin can not be issued and exacerbated, as happens with a central bank.

8 - stimulating innovation; every day exchange and exchange companies grow every day and behaves like goldam sachs in the acquisition of poloniex and NXMH in the purchase of Bitstamp.

Thank you very much,

Sami dos Santos