More Clear Article Released Today:This is in better English and I like it better.
ETN Launch A subsidiary of Canadian crypto investor Fineqia International has received approval from the Liechtenstein Financial Markets Authority (FMA) to launch exchange-traded notes (ETNs) in Europe tracking crypto assets and non-fungible tokens (NFTs).
The prospectus, which was approved by the FMA on 23 March, enables Fineqia to issue ETNs in EU member states and other European Economic Area (EEA) members including Iceland and Norway.
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That does read easier on the eyes. Only because I know what an ETN is, on an elementary level, I think they are saying they can track it to Bitcoin. Is that an easier way to invest in bitcoin? I think so. Bitcoin doesn't pay dividends or anything anyway, so it would be better than say an ETF. And just as liquid and perhaps a lot safer with all the scams out there. Maybe not safer than a true digital wallet, but if you forget your password, you are screwed whereas I don't think you are with an ETN.
I don't know. Are we going to have institutions as buyers? Not sure what to think. But we can track any crypto currency I guess. And perhaps this is how one can get ownership in our music NFT's coming? By buying an ETN so to speak that tracks ownership of the music tokens? I don't know. I'm over my head already.
I think we need projections of billions in revenue. We need to be disruptive. And we need good endorsements like from Tim Draper. Tim Draper should show what kind of friend he is. Does he take our money and that's it? We pay for him to sit at the dinner table with us? Or is he going to come off his high horse and help us? He should help us. He's already a billionaire, and I'm offended by his silnce and lack of lifting even a finger to help us.