Wishing to profit on the latter, since the plan with Facebook failed, these days they sent a request the U.S. Federal Commission for the shares and securities (SEC) to establish Winklevoss Bitcoin Trust which effectively allows trading of Bitcoin at the "real" exchanges.

They said that they have chosen to invest the money and faith in the mathematical framework that is free from politics and human error, referring to the algorithmic character of Bitcoin who, nevertheless, does not prevent it to be most volatile currency today.

According to their plan, they intend to sell $20 million of public bonds in their trust and each bond would corresponds to approximately 0.2 Bitcoin. Although Bitcoins can not be traded directly on the stock market, trust shares can be traded, and that is theirplan on how to bypass this obstacle.

Total value of shares in the end will be weighted as a Bitcoin price, to ensure that it correlates with the current value of the Bitcoin at the Bitcoin exchanges. During this, the largest institution of this type, the famous Mt. Gox, is under investigation by U.S. authorities for suspension of payment of their users, they even got some of their property confiscated. Also they are under the supervision of FinCEN, the U.S. federal institution which monitors and prevents money laundering.

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