May. 06, 2022
Dear SEC, I am simply 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 — As I believe that the Bitcoin technology can offer incredible value to society and huge upside for the US economy, and thus improve the security and durability of this democracy. I am a 26 year old resident of Minnesota, with a degree from The University of Minnesota, and I now work in Marketing at 3M. I am genuinely troubled by how little optimism about the future of this country there is among my peers; given there seems to be almost no more trust in our institutions. Our country needs to reestablish tangible trust — and embracing a new technology like the Bitcoin network is a great chance to do just that (as the first ever trustless peer-to-peer network secured through cryptography). If our country does not lead on this new frontier for fear of change, then we have learned nothing from the lessons of history. Sincerely, Sam Casey