Anybody keeping track of ETF proceedings? When is the next deadline for SEC release of latest round of excuses?
I have a sneaky feeling there may be some insider news behind some of this market action ... and there's nothing more insider than govt. agents leaking and front-running rulings that favour financial players.
I don't know about an ETF. I do know that
blockchain and
distributed ledger technology is finally getting people's attention in mainstream banks. It's like someone just flipped a switch in the past 3 - 6 months.
Mere buzzwords..so they can blather on about bitcoin without actually mentioning that dirty word..'bitcoin'...
This whole blockchain not bitcoin meme is a load of hot air, you do know that right?
You cannot have a "blockchain" or "distributed ledger technology" without a native token, everyone here knows this, right?
How are you going to make entries into your distributed ledger? With Cats?? Or just by magic??
Can't have one without the other, simple as. So, they can call it whatever they like, all while trying to avoid using certain words but they're only fooling themselves.
Or wilfully trying to delude themselves...or, they just actually don't effing get it.
Andreas Antonopolous made a nice analogy..I'm paraphrasing here:
Horse and cart is the existing technology...
Someone invents a motorcar!
'Blockchain not bitcoin' minded people say: Wow.. we really like this pnematic tyre technology you guys have come up with and want to adapt this for our horse and carts. But we really don't see any potential for the motorcar as a whole.. we are only interested in hte underlying technology of the pneumatic tyres!
Back on topic: There is no word yet on a possible ETF decision date. Some commentators believing the SEC could kick it down the road as long as possible. Other voices reckon it will happen soon.
The most recent news, are that COIN ETF got a logo, back at start of Dec. and the twins were again 'talking up' bitcoin, also early Dec.
EDIT: Beaten to it.. !
Hi. I work with financial institutions and Bitcoin is still a dirty word to them. I'm not supporting that point of view - just saying what I am seeing. Also the banks are hell bent on building their own alt-coins. They just haven't figured out that no one will trust a private ledger. You can thank Mike Hearn for that one. The R3 / Corda technical white paper was released about a month ago.