Unraveling Grayscale's Controversial Trust and the Fight for Redemption

This chapter examines the troubling actions of Grayscale's Bitcoin Trust in relation to its dealings with Genesis and alleged misuse of depositor funds. It calls for shareholder and creditor solidarity to combat unfair practices and prioritize restitution for the affected parties.

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David Bailey and Preston Pysh get into an in-depth conversation about the GBTC Bitcoin Trust and all of the issues it's had over the past year and a half.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:29 - What backs Bitcoin?

10:27 - CBDCs and what happens next.

13:14 - FedNow and what happens after it's launch.

18:43 - The actual impact of picking winners and losers for decades on end.

20:14 - The Skull of Satoshi.

29:43 - What it's like building a Bitcoin media company as an entrepreneur.

29:43 - Growing the Bitcoin Conference.

45:32 - GBTC and the campaign for shareholders to redeem the Bitcoin in the trust.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Redeem GBTC Website.
David Bailey's Twitter.
The Bitcoin Miami Conference.

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