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Homeby Witness Moecki
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RE: Grayscale letting you convert your bitcoin for shares of GBTC

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jrcornel (84)in #bitcoin • 6 years ago

Well you are converting bitcoin for shares. Those bitcoin are then locked up by the GBTC trust. This reduces the supply of freely trading bitcoin in the spot markets.

6 years ago in #bitcoin by jrcornel (84)
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