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Topic: Do you accept ? - page 3. (Read 427 times)

legendary
Activity: 3346
Merit: 3125
February 27, 2023, 11:44:51 AM
#3
Is important to understand how bitcoin is a global tool, and not only a USA tool. And each country is in its right to see bitcoin as the way it works better for them. As a good example, we can see how El Salvador decide to make bitcoin a coin, and that works fine for them, but for other countries, Bitcoin is a Digital Asset or a Security... So, it depends on each country, we don't really have global laws for cryptos yet.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
February 27, 2023, 10:45:23 AM
#2
Securities are issued by organizations, almost all the altcoins are issued by known developers.

Bitcoin is decentralized, altcoins are not decentralized.

Satoshi Nakamoto is not known, it makes bitcoin to look like commodities like gold and silver. It makes bitcoin to look natural, although it is artificial.

See the altcoins getting more centralized, going from PoW to PoS, many of them now are using PoS including ether.

See stable coins which they mention more, they are centralized, they are all securities.

See DeFi too which are definitely securities too.
newbie
Activity: 10
Merit: 2
February 27, 2023, 10:38:13 AM
#1
So why did SEC now accepts that everything apart from Bitcoin is a security? This makes me smile that they keep Bitcoin out of the hook but is it true that all other crypto projects can be considered a security?

What do you think? Oh, and here you go, before you ask where I read this news from

https://cryptomaton.medium.com/sec-everything-apart-from-bitcoin-is-a-security-ef371b1f0bd3
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