Grayscale Bitcoin Trust (GBTC)

[EarlyOne]

The BREXIT should have an impact on gold, silver, and BitCoin (and I would add for $GBTC too).

As strong countries leave the Euro, the Central Bank will print even more.

As weak countries leave the Euro, you can bet those countries will print like mad.

Bad times ahead for fiat currencies. On the bright side I think this will be good for gold, silver, BitCoin, and $GBTC.

People will always seek the easiest and most convenient way to perform commerce without losing value. The value of gold and silver may go beyond the feasibility to make small transactions. I believe this is where BitCoin comes in. Not only does it retain value (and most like appreciates) it can be sub-divided easily to perform small transactions. On the large side of transactions, transferring the gold and silver may not be feasible. A BitCoin transaction can be transacted in about 10 minutes or less. This leads me to believe that the use of BitCoin will be only increase in the near future.

Likewise I believe this will be good for $GBTC.

GLTA and enjoy the ride!