Is Bitcoin Investment Trust (GBTC) a Bitcoin Stock?

June 27. 2017. 5 mins read

If you’ve been watching the news lately, you’re probably sick and tired of hearing from all the armchair Uber CEOs who think that they know what’s best for the biggest startup on the entire planet. You’re probably also sick and tired of hearing about U.S. politics, North Korea’s saber rattling, and the growing list of people who claim everything is wrong with STEM but aren’t actually in STEM. If things keep going the way they are, it seems like you’ll be adding one more item to that list, bitcoins.

Source: Google Trends

Now the first thing we found alarming with the above picture was which countries are most interested in bitcoins. First in the list we see Nigeria. Most people probably don’t realize that Nigeria is a country of 182 million people. That makes Nigeria 7th in the world by population, and the largest in Africa (there are 54 in total). As with every country, you will find some bad apples. The problem with bad Nigerian apples is that they’re incredibly good at what they do.

Next in the list is Ghana. Have you ever ever heard of the Sakawa boys?

These guys actually use “magic” to scam peop

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