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Author Topic: IMPORTANT sign the bitcoin petition at the White House's We the People website  (Read 514 times)
Steve Otis (OP)
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December 05, 2013, 05:19:22 AM
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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/lkF6o
Also, 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.
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chowderman
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December 05, 2013, 05:28:31 AM
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you're an idiot, and petitions are lame fucking nonsense unless the petition is issued by the one seeking the information, if its from the outside, no one gives a shit.
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December 05, 2013, 06:11:57 AM
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what, are we little groundlings that do the dirty work  for the winklevoss twins? if they want to get their exchange up, they'll just have to take the normal channels of paying government officials to open doors for them.
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December 05, 2013, 06:48:05 AM
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what, are we little groundlings that do the dirty work  for the winklevoss twins? if they want to get their exchange up, they'll just have to take the normal channels of paying government officials to open doors for them.

Any idea what it costs to buy a congresscritter these days? Or how long the purchase is good for?

Seems to me they aren't as easily bribed anymore. In the "good old days" a company could invest in America by buying a senator for a fairly small king's ransom. Now it seems like they expect more than any potential return...

As for petitioning the government for redress, well, that does give 'em something to laugh at...

"look, the property is making demands! Pass the bong, eh? "
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December 05, 2013, 06:58:27 AM
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what, are we little groundlings that do the dirty work  for the winklevoss twins? if they want to get their exchange up, they'll just have to take the normal channels of paying government officials to open doors for them.

Any idea what it costs to buy a congresscritter these days? Or how long the purchase is good for?

Seems to me they aren't as easily bribed anymore. In the "good old days" a company could invest in America by buying a senator for a fairly small king's ransom. Now it seems like they expect more than any potential return...

As for petitioning the government for redress, well, that does give 'em something to laugh at...

"look, the property is making demands! Pass the bong, eh? "

hell if i know, there are infinite ways of scratching someone's back without having people even be aware of it. offshare accounts, under the table cash payments, hiring someone's relative, "gifting" properties or goods..
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