Author Topic: Reasons why the SEC would want to stop institutional investment into Bitcoin?  (Read 2 times)

Offline administrator

  • Administrator
  • Newbie
  • *****
  • Posts: 30263
    • View Profile
Last night I was thinking about the continuous battle to get the SEC to approve Bitcoin related exchange-traded funds (ETFs) and I analyses their excuses. Most of the excuses are centered around global <external> manipulation of the Bitcoin price. As we have seen lately, even Bankers and large cartels are manipulating Gold prices, so this is not something that is unique to Bitcoin.

Then I thought about the real reasons why the SEC would want to stop institutional investment in Bitcoin and this is what I came up with :

1. If they allowed Bitcoin ETFs, investment capital will move from traditional ETFs <which are under their control> to Bitcoin that are not under their control.
2. Nasdaq's SMARTS Market Surveillance systems control and monitor everything and these exchanges might not run this software. 
3. The puppet masters do not want the "Average Joe" to play with the big boys.
4. Political influence < Pressure from the people who are funding politicians careers, eg. Banks>

Let's discuss the real reasons why the regulating authorities would want to stop institutional investment in Bitcoin.