May. 06, 2022
I support the move of Grayscale BTC to an ETF. My only concern is that in the conversion process that the original value (correlation) between the USD I put in vs BTC's value at that time will be accurately reflected in the conversion... regardless of today's BTC value. From everything I can tell, it does not feel as if the SEC really stands to protect regular people like. The idea that the moves I have seen from the SEC over the past few years are in MY best interest. The SEC needs to quit protecting the power structures currently in place and call that behavior as "protecting US citizens." It is patronizing and probably unethical, if not illegal. As one who is supposedly being protected, the SEC needs to stop this ridiculous vague and incoherent approach to all things blockchain. Let people buy and sell, using standard tools. James Matthew Wallace