Read this http://www.reddit.com/r/BitcoinMarkets/comments/2i7bfn/has_anybody_tried_simply_calling_the_lawyer_in/
No ETF ever. If you think they will add an ETF that follows shady exchanges (btc-e for gods sake!) you are a fool. Learn to deal with reality and not fantasy.
No ETF ever. If you think they will add an ETF that follows shady exchanges (btc-e for gods sake!) you are a fool. Learn to deal with reality and not fantasy.
Yes, lawyers for multimillion dollar clients often divulge confidential information to redditors. But thanks for posting nonetheless.
Guess you didn't read it, it was confirmed by the moderator:
Quote
Hi /u/notisis[1] [+1],
While I'd love this world to be a place where we can blindly believe what people say on the internet, sadly, we don't live in that world. Please submit me some shred of proof and I'll reapprove this post (and remove this comment).
EDIT: I reached out to Kathleen Moriaty via email to confirm /u/notisis[2] [+1] claim. Below is the email she sent to me in its entirety:
Dear Taylor,
I did speak with a Bitcoin investor about 15 minutes ago, although I was unaware that he intended to quote me or otherwise discuss our conversation. Your message is a useful reminder that I shouldn’t hazard any guesses. The SEC has warned me not to provide people with possible speculative information about the complicated process of launching a new securities product for public sale, so I have been saying either (1)“it could take quite a while, like a year” or (2)“there is really no way to tell, since the regulatory process is very complicated, especially with respect to a new asset like bitcoin.” From now on, I’ll just use statement (2), so if you want to quote me, just use that one. Thanks so much,
Kathleen
While I'd love this world to be a place where we can blindly believe what people say on the internet, sadly, we don't live in that world. Please submit me some shred of proof and I'll reapprove this post (and remove this comment).
EDIT: I reached out to Kathleen Moriaty via email to confirm /u/notisis[2] [+1] claim. Below is the email she sent to me in its entirety:
Dear Taylor,
I did speak with a Bitcoin investor about 15 minutes ago, although I was unaware that he intended to quote me or otherwise discuss our conversation. Your message is a useful reminder that I shouldn’t hazard any guesses. The SEC has warned me not to provide people with possible speculative information about the complicated process of launching a new securities product for public sale, so I have been saying either (1)“it could take quite a while, like a year” or (2)“there is really no way to tell, since the regulatory process is very complicated, especially with respect to a new asset like bitcoin.” From now on, I’ll just use statement (2), so if you want to quote me, just use that one. Thanks so much,
Kathleen
Yes, sorry that isn't confirmation it is a reddit post.
"Dear Taylor"
"Signed Kathleen"
SERIOUSLY?
Normal way to start an email and end it.. I guess experience with this world is not the norm in bitcoin fantasyland.
again, if you are so foolish as to believe a lawyer would disclose any information about an ongoing SEC ETF approval to a redditor then we can't help you and you'll have to come to your senses yourself.
