Subject: File No. SR-NYSEArca-2021-90
From: nick he
Affiliation:

Feb. 22, 2022

 




Dear SEC, 

I’m writing to support the conversion of Grayscale Bitcoin Trust (Symbol: GBTC), currently the world’s largest Bitcoin fund, to the first Spot Bitcoin ETF in the United States. 

AYO, I thought the U.S. is supposed to be #1 and thought leader in the financial markets. But instead, Canada, Brazil, European countries, Dubai, and other countries have Spot Bitcoin ETFs, but we can't? And the reasons for not approving one are seriously wack as people ranging from yolo'ers to crypto experts do not believe them. As a result, this is one of many factors that are causing a further divide and distrust between the government/elite and the plebs 


Furthermore, approving a Bitcoin ETF will help alleviate the inflation pain inflicted by the irresponsible money printing (And guess who won financially from this. Hint: It's not the plebs). Since wages are flat and inflation is sky high (lol @ transitory, and we all know true inflation is much higher than reported figures), people turn to crypto as a way of maintaining wealth and combating inflation. WE HAVE NO OTHER OPTION SINCE THE SYSTEM IS RIGGED AGAINST US AND THEN THE PLEBS ARE BLAMED FOR EVERYTHING (DAFUQ!?) . By approving one, you'll provide financial relief and reduce anxiety amongst a significant portion of Americans. Isn't that the least you can do after this bullshit inflation (My grocery bill has gone up 30% buying the same shit)? 


But for some good news, this actually the best part of approving a bitcoin ETF!!!! You get to improve the lives of millions of Americans immediately AND build trust with Americans WITHOUT any additional money printing, stimmy checks (Let's be honest, the stimmy checks are non-material for the pain Americans have gone through), policy changes, getting bills approved by Congress, etf. And America will start to be seen as #1 again (Spoiler: We're not. We've gotten cocky). Americans are suffering, and improving our lives one step at a time is as simple as approving a bitcoin ETF.. Thanks for the consideration - just telling it like it is 

Sincerely, 
Responsible Yolo'er