Bitcoin is or is not based on gBTC (and vise versa)

Bitcoin Questions and AnswersCategory: QuestionsBitcoin is or is not based on gBTC (and vise versa)
William Landreth asked 11 months ago

What do you think of gBTC investment fund? Just that you have never mentioned it in fact you stated bitcoin is baseless. 1 BTC is supposed to be able to get you 10 gBTC and my 5 shares have doubled since I bought them.

1 Answers
Ofir Beigel answered 11 months ago

I’m not familiar with gBTC, however I suggest you refer to this post regarding Bitcoin investments.