Subject: File No. SR-CboeBZX-2018-040
From: Vincent Baer
Affiliation: N/A

August 22, 2018

To Whom this May Concern:

As a citizen of the United States of America, I firmly believe that Bitcoin should be classified as an ETF. The reason being is that this country was founded on innovation, in fact if it weren't for the innovation this country has seen we wouldn't be the most elite force on the planet. By establishing Bitcoin as an ETF there is a huge possibility that the blockchain technology will help not only innovate the United States of America, but it will open the door for innovation for the entire globe. As a leader in the free world, other countries are constantly trying to compete, or defeat us with their innovations. By establishing Bitcoin as an ETF, we are sending a message to the world that America continues to embrace technology instead of continuing to delay the progress of humanity. Technology has encompassed our everyday lives, and is continuing to develop whether or not the United States embraces it or not. I would think that the leaders of our great country can see the potential of the technology, and its implications in everday society. As of today our country is currently resting in 20+ trillions in national debt, at what point in time do we ask ourselves, is our current fiat system working in favor of the United States, or is it working against us? Let the United States be the leader in the crypto currency world, and watch the rest of the world follow suit.

Sincerely,

Vincent Baer