The situation surrounding Digital Currency Group (DCG) has continued to intensify over the past few days instead of easing. The fate of Genesis Trading, Digital Currency Group (DCG) and the Grayscale Bitcoin Trust (GBTC) continues to hang by a thread after Cameron Winklevoss took another step in the escalation over Gemini Earn customer funds with a new open letter on Tuesday. For Grayscale, however, the current battle is also about continuing to fight on the front lines against the U.S. Securities and Exchange Commission. Does $GBTC have too many scam-red flags?
Guest: Greg Foss – Executive Director l Validus Power Corp
Follow Greg on Twitter ➜ https://twitter.com/foss_sammy
~This episode is sponsored by Trezor~
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#Bitcoin #BTC #Crypto
~Is $GBTC Bitcoin “Trust” a Massive Scam? w/ Greg Foss~
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45 Comments
My man!! GF!
Greg is THE MAN! Paul he should be here more often !
Hows fiat ponzi? 🤣 BtC is literaly ponzi fundamentals yet 🤣 those guys are flat earthers of crypto
Is he clicking a pen?
He said 3 billion is nothing but the question is Does Barry Silbert and DCG have 3 billion in cash? If he has it, why he doesn’t bring it? Since he knows Genesis was insolvent since last summer. He has 6 months to fix it. Why has still hasn’t fixed it until now if he has the cash?
BTC and POW replacing t he Internet. Interesting. More, please.
Jason space ranger all aboard !!!!!!
Thanks
Greyscale, Tether, and Binance going down would be the Trifecta of 2023.
Brilliant as always 🍺
Can't wait for Bitcoin development news! Jason Lowery is awesome
That was out and left field for me 😂
Greg Foss is the Boss…
Always enjoy hearing from Greg. Thanks Paul.
Questions being asked are more towards how bitcoin or crypto can have headwinds due to market FUD. We officially ended $10K BTC price hopium, let’s not focus too much on negativity everytime. Ask more positive questions how and where we can improve and learn from past mistakes. Price will dot its thing and no one know the scenario, let new user come in the market and current can support alongside.
As Executive Director of Validus, can you comment on your dispute with Hut 8?
Did he say bitcoin is going to replace the internet lol
Not your keys not your coins
AMC AMC AMC huge short squeeze about to happen
The slow death of btc when you maxis ready for some mouth to mouth jump onboard the XRPL
Love me some Greg Foss Hot Takes !!👏🏾👏🏾👏🏾👏🏾💪🏾💪🏾FIAT PONZI BITCOIN FIXES THIS!0
i like greg.
Can you use trezor for android phone or desktop only
Foss Boss!!
greg i love you, so much truth
3 billion is alot in cash ya silly goose , worth more than most public companies
actually grayscale early adopt with humongous bitcoins, so anytime they need money they can sell bitcoin… how? by ETF, if SEC launch their ETF … it means grayscale can exit from bitcoin, n put the responsibility to the retails …just like IPO, vc angel investors can exit, after retails take their responsibility buy stocks dumped by vc taking away retails money
Even bitcoin can be inflated if 51% of the miners agrees.
Coin meetups are a great way to learn from other investors. In person advice and ideas trump internet and YouTube only.
Great Guest PB!
smart man and Lowry would be an excellent guest.
glad to see proper maxis on here
A lot of these comments are unintelligible unfortunately.
The quintessential Ontario accent
Democrats hate crypto because it is about freedom and personal responsibility, two concepts that Democrats hate. Democrats only love government control and welfare dependency.
Greg is the fucking king of finance
I bought 1300 "shares" of GBTC. At that time those 1300 "shares" were equivalent to 1 Bitcoin (according to Grayscale's very own calculation). Now, for some reason, those very same 1300 "shares" are worth quite a bit less than 1 Bitcoin. I don't know how that passes the spit test. If anyone can explain it to me, please do so.
Thanks! Gregg Foss is an excellent mind, and I'm very much looking forward to Jason Lowry. Best to you!
Not too sure about the btc maxi fundamentalism but Foss is the man
This was just awesome. Than you Paul and Greg ofc.
how could you price in the selling even a part of 640 K bitcoin-s if the trust is forced to dissolve, when that selling never happened ?! what! they being forced to sell even a small part of the gbtc, thats where and when you talk about whats priced in and whats not.
Where is the BTC meetup in Massachusetts?
It is always a pleasure to watch, or in this case listen to someone skilled at their trade. Gretzky at hockey, woods playing golf, and Foss talking finance.
Great video
It's FIAT, not FEEIT.. Sorry, but mispronounciations bug the hell out of me.