The only thing missing is for Bitcoin to be a security and Eth a commodity, the world upside down. Without knowing about technical issues such as the Howey test, it is clear to me that securities are issued by certain corporations at will, they can issue more or less, as many as they want, while commodities are the ones that exist, at most they can be produced, but not issued at will. For example, wheat has to be produced, and gold not exactly produced but extracted, which we could consider a form of production.
It seems to me that uncle Gary is clear about this, although he supports it with more technical arguments. I don't think we should worry too much.
Topic: Stand with crypto. Bitcoin is not a security - page 2. (Read 307 times)
"Chairman @PatrickMcHenry asks "What is it about Bitcoin that makes it not a security?"
Gensler after trying to dodge: "It does not meet the Howey Test which is the law of the land for being a security.
Gensler finally says "It's not a security.""
https://twitter.com/EleanorTerrett/status/1707039147091742818
LOL!
https://t.me/crypto_hd/7182
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Stand with crypto
https://www.coinbase.com/public-policy/advocacy/standwithcrypto
"Stand with Crypto unites global crypto advocates, forming a passionate community committed to driving sensible crypto innovation and crypto policy. Policymakers across the globe are making decisions about the future of crypto. Their choices will determine how, when, and where YOU can build, buy, sell, and use crypto, and it’s critical that they get it right. "
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Gensler after trying to dodge: "It does not meet the Howey Test which is the law of the land for being a security.
Gensler finally says "It's not a security.""
https://twitter.com/EleanorTerrett/status/1707039147091742818
LOL!
https://t.me/crypto_hd/7182
___
Stand with crypto
https://www.coinbase.com/public-policy/advocacy/standwithcrypto
"Stand with Crypto unites global crypto advocates, forming a passionate community committed to driving sensible crypto innovation and crypto policy. Policymakers across the globe are making decisions about the future of crypto. Their choices will determine how, when, and where YOU can build, buy, sell, and use crypto, and it’s critical that they get it right. "
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Quote
US Representative McHenry said he is considering subpoenaing Gary Gensler.
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