July 25, 2018
FAO THE SEC,
Please note I fully endorse the creation of an EFT by the CBOE for Bitcoin and other Blockchain Cryptocurrencies for many reasons.
1. The U.S has been a leader in Fintech and Technological Advancement, so the SEC giving a U.S Company the green light to create such a financial instrument would be a boon for both the American Economy and the World at large.
2. Giving general members of the Public with large amounts of capital the chance to leverage their funds by introducing a new asset class into their portfolio will boost more confidence in this fledgling technology called the Blockchain. As was the internet and internet startups in the 1990's an important advancement in our high tech age, so id the Blockchain and its peripherals important in bringing us forward into the future.
3. Bringing this asset class to more members of society in the future will lead to more job creation for our young ones and older people alike, who might have been otherwise left out by the diminishing job situation created by automation.
4. The more money invested in Bitcoin and its underlying technology, the better the prospects for a global economic uptrend and the advancement of the Human Race into a highly sophisticated and more efficient world.
5. Blockchain technology, being a distributed ledger, can be applied to both corporate and governmental operations, streamlining businesses and weeding our corruption. This in itself can generate more wealth for everyone and bring about a fairer distribution of wealth around the Globe AND by so doing this, by bringing in billions of so far unbanked people, will create more consumers for American products and companies, in turn creating more jobs for Americans It's win-win situation and the implications of this EFT approval are so far-fetched and visionary that I want to see America be a LEADER in this field for the world to follow as a prime example of technological advancement and Fintech provision.
6. As a simple mother who has aspirations for her Son to have a better and brighter future, I sincerely wish you go ahead with approving the application from the CBOE to run the first Bitcoin EFT. PLEASE MAKE US ALL A PART OF HISTORY AND WITNESSES A PIVOTAL MOMENT IN OUR CIVILIZATION. Thank you for allowing me to say my humble piece.
Kindest blessings from Eleftheriain Sunny Cyprus, aka Mother Pundi X