Please sign the bitcoin petition that I just started on the White House's We the People website.
You can sign at the petition at
http://wh.gov/lkF6oAlso, please spread the word (by twitter, facebook, google, etc). We need as many people as possible to sign.
"WE PETITION THE OBAMA ADMINISTRATION TO:
We petition the Obama administration to expedite SEC clearance for the IPO for the Winklevoss Bitcoin Trust.
The Winklevoss twins (of Facebook fame) are trying to start an ETF that would allow ordinary Americans to invest in bitcoins, as easily as investing in stocks. However, their attempt to do so is bogged down in regulatory inertia. On July 1, 2013, the Winklevoss Bitcoin Trust submitted a S-1 to the Securities Exchange Commission for an IPO. Months later, the SEC has still not given the go-ahead. The Obama Administration should direct the SEC to greatly expedite its processing of IPO requests by bitcoin ETF's, such as the Winklevoss'. The delay by the SEC is inexcusable. In a world in which innovation occurs at lightning speed, the SEC needs to move quickly. Their failure to do so creates a risk that the U.S. will fall behind."
Reason this is important: An ETF is a very fast way to bring bitcoin to the mainstream. And it will cause the price of bitcoin to skyrocket! If you own bitcoin, then you want the Winklevoss ETF to launch as soon as possible - so sign the petition and get everyone you know to sign.
