[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Cash Jordan: ICE Raids Home Depot... as California Collapses

Silver Is Finally Soaring: Here's Why

New 4um Interface Coming Soon

Attack of the Dead-2025.

Canada strips Jewish National Fund of charitable status

Minnesota State Rep. Vang just admitted that she is an ILLEGAL ALIEN.

1100% increase in neurological events since the roll-out of Covid mRNA

16 Things That Everyone Needs To Know About Violent Far-Left Revolution In Los Angeles

Undercover video in Arizona alleges ongoing consumer fraud by Fairlife

Dozens arrested after San Francisco protest turns violent Sunday

Looking for the toughest badasses in the city (Los Angeles)

Democrat Civil War Explodes: DNC Chair Threatens to Quit Over David Hogg

Invaders waving Mexican flags, pour onto the 101 Freeway in Los Angeles

Australian Fake News Journo Hit By Rubber Bullet In L.A. Riot

22-year-old dies after being unable to afford asthma inhaler

North Korean Bulsae-4 Long-Range ATGM Spotted Again In Russian Operation Zone

Alexander Dugin: A real Maidan has begun in Los Angeles

State Department Weighing $500 Million Grant to Controversial Gaza Aid Group: Report

LA Mayor Karen Bass ordered LAPD to stand down, blocked aid to federal officers during riots.

Russia Has a Titanium Submarine That Can ‘Deep Dive’ 19,700 Feet

Shocking scene as DC preps for Tr*mp's military birthday parade.

Earth is being Pulled Apart by Crazy Space Weather! Volcanoes go NUTS as Plasma RUNS OUT

Gavin, feel free to use this as a campaign ad in 2028.

US To Formalize Military Presence in Syria in Deal With al-Qaeda-Linked Govt

GOP Rep Introduces Resolution Labeling Free Palestine Slogan as Anti-Semitism

Two-thirds of troops who left the military in 2023 were at risk for mental health conditions

UK and France abandon plans to recognise Palestinian state at conference

Kamala Backs LA Protests After Rioters Attack Federal Officers

Netanyahu's ultra-Orthodox partners move ahead with Knesset dissolution plan

Former Prime Minister of Ukraine: Zelensky will leave the country


World News
See other World News Articles

Title: SEC's Bitcoin ETF Update Deadline Today: Cash-Create Vs In-Kind
Source: [None]
URL Source: https://www.zerohedge.com/crypto/se ... line-today-cash-create-vs-kind
Published: Dec 29, 2023
Author: Tyler Durden
Post Date: 2023-12-29 11:23:37 by Horse
Keywords: None
Views: 544
Comments: 10

The SEC wants to minimize the number of intermediaries in spot Bitcoin ETFs to make them a "little more controllable"...

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Pinguinite (#0)

So what do you think. Tether had some govt BS the other day.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2023-12-29   11:26:59 ET  Reply   Trace   Private Reply  


#2. To: Horse (#1)

Price manipulation of bitcoin is, I think, as possible as it's been done to gold and silver. That's what I don't like about Big Finance getting its hands on crypto.

Though the ETF news is initally pushing BTC higher, sending it about 30% higher since the news broke.

Yes, Tether is not a free market crypto. It's controlled by Tether Limited Inc and if that company goes belly up for any reason, or is discovered to not have backing for the coins it's issued or otherwise found untrustworthy, Tether goes to zero. Since it's not free makret, Tether can freeze wallets at its discretion and I read has done so. Though the reason is alleged ties to child trafficking. If so, then in this case it's freezing wallets for a good cause.

Pinguinite  posted on  2023-12-29   11:46:36 ET  Reply   Trace   Private Reply  


#3. To: Pinguinite (#2)

Interesting analysis of crypto miners. I personally would prefer gold and silver.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2023-12-29   19:43:49 ET  Reply   Trace   Private Reply  


#4. To: Horse (#3)

Watched it, but this style of trading is treating crypto as a commodity. I.e. something to be bought and sold for the purpose of making dollar profits. I prefer the buy and hold strategy with a long term view of crypto being a lifeboat for the eventuality of the dollar collapsing.

Gold & silver are of course good and in the event of a complete collapse will outperform everything crypto as well as everything fiat. But short of a complete collapse, Crypto has utility value as a currency which every economy NEEDS to function as an economy. So crypto has no intrinsic value as G&S do, but it does have far better utility value for use as a currency because transactions are instant and payments super precise, whereas G&S have weight & purity issues inhibiting retail use.

G&S are great though. I like both. But crypto has advantages too.

Pinguinite  posted on  2023-12-29   20:15:33 ET  Reply   Trace   Private Reply  


#5. To: Pinguinite (#4) (Edited)

G&S have weight & purity issues

China has been accumulating gold for the eventual release of a gold backed Yuan. But China has discovered gold plated bars of Tungsten. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2023-12-29   21:11:00 ET  Reply   Trace   Private Reply  


#6. To: BTP Holdings (#5)

Gold plate is not in their holdings but in the West.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2023-12-29   21:29:05 ET  Reply   Trace   Private Reply  


#7. To: Horse (#6)

Gold plate is not in their holdings but in the West.

Largest Private Refinery Discovers Gold-Plated Tungsten Bar

March 2, 2010 By Patrick A. Heller

Recently, the German television station ProSieben ran a news story covering W. C. Heraeus in Hanau, Germany, the world’s largest privately owned refinery. In the story, Wilfried Hörner, the head of the gold foundry, shows a 500 gram bar (16.0755 troy ounces) received from an unidentified bank. The bar had the right physical dimensions to be an authentic gold bar, but one of the Heraeus employees suspected something funny. After the bar was cut in half, you can see that the inside is tungsten, with only a coating of gold on the outside.

You can watch this news story on You Tube, where it was posted February 28, at www.youtube.com/watch?v=ZKczs-7BFRI.

Last fall, Rob Kirby of Kirby Analytics in Toronto reported that China’s central bank had discovered some 400-ounce gold-plated tungsten bars among those it had recently received from bonded warehouses. It was later learned that at least four counterfeit bars were found and that all had come from sources in the United States. As suspicions grow about counterfeit bars among those held in bonded warehouses for delivery against either COMEX or London Bullion Market Association contracts or shares of exchange traded funds, investors could panic. So, you can understand that there has been almost a total blackout on news coverage on this story.

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2023-12-30   10:26:43 ET  Reply   Trace   Private Reply  


#8. To: BTP Holdings (#7)

But none are in Chinese gold vaults.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2023-12-30   11:02:59 ET  Reply   Trace   Private Reply  


#9. To: Horse (#8)

But none are in Chinese gold vaults.

The Chi-coms are prone to lying. Just think Wuhan Institute of Virology. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2023-12-30   18:41:06 ET  Reply   Trace   Private Reply  


#10. To: BTP Holdings (#9)

But none are in Chinese gold vaults.

They would not cheat themselves.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2023-12-30   20:40:58 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]