GBTC CEO in Hot Seat as he is Grilled by CNBC Host | GBTC is an Unredeemable IOU | 1Bitcoin=1Bitcoin | More From BITCOIN YouTube
GBTC CEO in Hot Seat as he is Grilled by CNBC Host | GBTC is an Unredeemable IOU | 1Bitcoin=1Bitcoin | More From BITCOIN YouTube from Bitcoin
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What a lying snake that GBTC CEO is. Love how he dodges and “word salads” the questions the lady asks him. Blames the SEC that he can’t turn it into an ETF and return the value to shareholders, but instead must sit there and collect the 2% fee (aww, poor guy) each year, which amounts to about $220 million. Yep, $220 million, for nothing but some paperwork each year. Oh, but he’s “committed” to lowering the fee. Not gonna lower it right now, because you know, it’s a competitive industry…but oh yeah he’s committed to lowering it.
Wow. And he sounds like a total bureaucrat when he talks.
Buy actual Bitcoin, not GBTC, then send it to your own (hardware) wallet to hold long term.
After that, kill your television. Stop watching mainstream “news” propaganda.
GBTC is short for
GotYour BTC noobs lmao
…this is a weird video
Can any investor types explain what the advantage of an ETF would even be? What’s the point/advantage of owning a spot ETF based on the price of BTC instead of just owning the BTC itself?
Michael is what English refer to as a twat. Lying sack of shit and a greedy bastard overall. Waiting for GrayScale to fall.
they sold you shitcoins all the years.
NYKNYB
(good edit hrhr)