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Hey guys, latest news - SEC rejects Bitcoin ETF http://www.reuters.com/article/us-bitcoin-etf-idUSKBN16H2NU Thoughts?

21, Inc is apparently building Skynet. Or so it would seem. They've raised the most money of any Bitcoin startup, and no one knew what they were planning to do, until recently. The implications are crazy. I'm still in the process of catching up with this news and wanted to put this in front of you for feedback and response, if you had any. If you're not familiar, 21, Inc. was founded, in part, by Balaji Srinivasan, founder of Counsyl Genomics. To get a feel for his worldview, check out this talk he gave in 2013 focusing on "Voice and Exit" and changing established systems. Balaji sounds like an AnCap to me. I'm putting the links to the things I've worked through below. On the relationship with Qualcomm, one of 21's largest investors: http://www.reddit.com/r/Bitcoin/comments/336f1w/its_not_about_21_inc_its_all_about_qualcomm/ http://www.qualcomm.com/invention/1000x http://www.youtube.com/watch?v=2p2suMVsKow http://www.reddit.com/r/Bitcoin/comments/35m8df/qualcomm_21_incthis_is_whats_going_on/ The release from Srinivasan on the chip, and one of the more thoughtful comments: http://medium.com/@21dotco/a-bitcoin-miner-in-every-device-and-in-every-hand-e315b40f2821 http://medium.com/@elisklar/free-broadcasting-network-for-micro-messages-already-fully-deployed-and-accessible-61c00f52a6ca Leaked slides from 21, Inc presentation, and commentary: http://imgur.com/a/q9cbL#hkzYfyI http://www.reddit.com/r/Bitcoin/comments/36j3lv/21_inc_investor_slides_embedded_bitsplitbitshare/ A discussion on Whaleclub and some really awesome commentary on the Bitcoin sub that follows up...check out the comments for elaboration from u/elux : https://soundcloud.com/elux-1/21-inc-embedded-engineer-on-whaleclub-teamspeak http://www.reddit.com/r/Bitcoin/comments/370rko/21_inc_engineer_everyone_assumes_humans_will_be/ http://www.reddit.com/r/Bitcoin/comments/372bhf/not_science_fiction_in_case_you_missed_it_this/ If you get through all of that, I'd love to hear what you're thinking. I'm still processing it....but my mind's asploded....especially those last three links.