Mar. 28, 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. I think that the world has had a big problem brewing in the background for the past half century ever since the gold peg was broken and I think it will help the world a lot to get back on a neutral, decentralized, honest, transparent, finite, divisible and fast money. Now a lot of young folks will get the appeal of these, a lot of people in finance and economics have already been early adopters but just because people in their advanced ages don't have the ability to understand it or sometimes adults don't have time available from job and kids etc, doesn't mean they don't deserve to benefit something this incredible, an ETF will bring an ease of understanding as well as some confidence which will help them benefit from it, I think the US in general is a solid position especially after what Russia did, confidence in them is at all time low, china banned themselves out last year, which opens up a huge opportunity for the US, we should act on it, it's our responsibility towards our future generation to grab this once in a lifetime opportunity. Sincerely, PK from New York