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What do you make of Barry Silbert's "unexpected" resignation from Grayscale?coinpedia.org/news/grayscale-submits-new-bitcoin-etf-application-amid-barry-silberts-departure/
179 sats \ 4 comments \ @0fje0 30 Dec 2023 bitcoin

The first time I heard about Barry Silbert was during the block size wars, I think. I seem to remember him being prominent in the so-called New York agreement, but please correct me if I'm wrong. (Not that it really matters any more, btw.)

Anyway, as reported by several news outlets, he resigned from Grayscale earlier this week and it appears they (Grayscale) rushed to amend their bitcoin ETF application as a result.

The link I posted speculates it may have been a "strategic move". What do you think?

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21 sats \ 0 replies \ @harrr 31 Dec 2023

For people who don't know anything about Barry, Michael Cormack did a really great interview with Michael Sonnenshein (Grayscale CEO). In the last half hour they get into Barry and it gets kind of ugly.

Here's a direct link https://invidious.lunar.icu/watch?v=DMC08qC9sWk but the full episode is worth watching.

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10 sats \ 0 replies \ @GlobalThreat 30 Dec 2023

its because of the shady shit going on with genesis

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10 sats \ 0 replies \ @Lost_dogz 30 Dec 2023

They need to get every obstacle out of the way to ensure their ETF is approved together with all the others and Silbert has become a liability

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0 sats \ 0 replies \ @TNStacker 30 Dec 2023

Feds do what Feds do.

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