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Matt Odell: Survival

The Bitcoin Matrix

00:00

ICO Bullsh - I'm Not the Crazy One.

Digital Currency Group (DCG) is an empire of mostly failed companies, but it's an empire on the left. They bought coin desk when it was failing and used it as their PR arm where like no one could justify purchasing coin desk. Then they launched GBTC, which is this closed end fund that was supposed to resemble a Bitcoin ETF. But you couldn't get out of it once you were in it. So if you bought GBTC, you're actually paying more for your Bitcoin than if you bought regular Bitcoin.

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