Bitcoin Shares Embraced By RIC

Rothschild Investment Corporation has started investing in cryptocurrencies, acquiring shares of Bitcoin Investment Trust for over $210,000. The holding company confirmed the transaction, since it acts as the grantor of the currency’s value and it is equivalent with the real price on the market. GBTC traded shares for the first time in 2015.

Some misconceptions have led people to believe that RIC (Rothschild Investment Corporation) is directly buying the currency and storing it, but that is not the case. In fact, only the shares of trust have been purchased, which allow the enterprise to work with Bitcoin on paper.

The company’s estrangement from mainstream investments was the perfect opportunity for conspiracy theorists to bring the currency’s future in question. To be clear, the corporation only bears the name of the controversial banking dynasty and is not officially related to the family. This is very hard to accept, even for non-conspiracy believers, especially after all the Zeitgeist movies and articles about the elite organization of world leaders – Illuminati. The internet is already full of stories in which the Rothschild family is intentionally buying the currency in order to sabotage its value and eventually destroy it, due to lack of its legitimacy.

The question is however, why would the world’s richest family, who owns 80% of the world's wealth, with a net worth of $500 trillion want to have anything to do with Bitcoin? Well, nobody really knows and it doesn’t really matter, because this is some “other” Rothschild family, probably not that rich. Just in case you were wondering, there are several conspiracy movies on YouTube about the world domination and nobody says anything about any unknown relatives.

Source:

"Rothschild Investment Corporation Becomes Bitcoin Stakeholder", news.bitcoin.com, Lujan Sterlin, July 25, 2017.