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It is Monday - let's see what Ivan has in store for us 

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DCA: BLACKROCK JUST ORDERED THOUSANDS OF BITCOIN MINERS!!! (wtf is happening)

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Comments

Anonymous

I just watched Ivan’s channel. His lead story concluded that the Biden administration is attempting to kill BTC and ETH in the USA. I would like to hear your and CTO’s takes on this topic.

Anonymous

Any thoughts on the shareholder movement in GBTC? https://bitcoinmagazine.com/legal/grayscale-lawsuit-fights-to-reclaim-customer-bitcoin?utm_source=Bitcoin+Magazine&utm_campaign=0daf9fc3b6-EMAIL_CAMPAIGN_2023_07_24_09_00_COPY_01&utm_medium=email&utm_term=0_-99c7fae8b9-%5BLIST_EMAIL_ID%5D&mc_cid=0daf9fc3b6&mc_eid=2292c1fe23

Anonymous

Can someone tell me…. James said BR cannot buy spot BTC… so the news about them buying 30,000 BTC for their spot ETF …. How did they purchase that, or in what form???

Anonymous

I believe what he meant was that , regulated institutions, can only buy proxies. Until they have approved etf. They can only purchase proxies on their books. That was Robin Hood that bought the 3 billion Hope that helped. BofA does the same

Anonymous

I really enjoy your three’s dynamic James. Even more than rob and Ben

Anonymous

I read somewhere that Blackrock bought 30,000 bitcoin… And that is what they are using for their ETF…if they cannot purchase BTC directly , then what did they buy to make this 30000 BTC or how did they buy it is what I am asking…. Is this not the case? Also wouldn’t the application from grayscale BTC trust be first in line, ahead of BR for a BTC ETF approval??? I thought that the SEC cannot just jump the line for Blackrock?

Anonymous

I see. I haven’t seen that. I understand your question- as far as jumping the line. I’m sure BR has WAY MORE power than greyscale. I’m sure they ( the sec ) would prefer NO ONE to have this etf , because Gary is carrying water for the party in power IMO