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Ian "nostr.naut.social" D /
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2023-06-16 10:12:50

Ian "nostr.naut.social" D on Nostr: Securities ? Yes, yes they are, get over it. Except bitcoin Now, I can buy any crypto ...

Securities ? Yes, yes they are, get over it. Except bitcoin

Now, I can buy any crypto i like until the cows home because the SEC isn't trying to protect me and the UK has, so far, got sane regulations.

I used to be in finance, and digital money has been of interest since Chaum.

But by USA rules, and sticking to fundamentals, (ie ignoring the wriggle room where the lawyers live) it seems to me that all the crypto tokens are arguably securities except BTC. Even ETH. ETH is very much a bet on the work and future efforts of V himself.

Sensible regulation would focus on the proper management and systems of exchanges, and not so much on the products sold.

FWIW, I am mainly BTC, with a small experimental ETH and a couple of tiny, - badly timed :-( - L1s.




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