The People Making Real Money On Bitcoin

Last week, Tyler and Cameron Winklevoss announced their campaign to get people to stop thinking of them as “the twins best known for their part in the history of Facebook” an SEC filing for the “Winklevoss Bitcoin Trust,” an exchange-traded fund that would allow institutional investors to dabble in the virtual currency without the hassle of buying it directly from a Bitcoin Exchange. The overview in the filing, which tentatively sets the IPO at $20 million, provides a pretty great Bitcoin 101 lesson, while also laying out the many risks inherent in the currency, as recycled here.

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