Feb. 22, 2022
Hi, The U.S. is lagging behind many other countries who already offer their citizens and institutions Spot Bitcoin ETF’s. The daily usage of Lightning is exponentially growing. People are using Lightning to send and receive US Dollars globally. Lightning uses the Bitcoin network to achieve this. The U.S. should be embracing Bitcoin in order to remain competitive. Most of the world wants & needs U.S. Dollars for daily spending and transacting. The Bitcoin network gives this to them instantly and for free through the Lightning network. People want to save long-term in Bitcoin just like how people have done for centuries with Gold. It will become a detrimental mistake for the U.S. to not fully embrace Bitcoin. Allowing a Spot Bitcoin ETF is one step in the right direction. Thank you, - John