My fear is bitcoin is classified as a security, therefore putting it in the hands of the SEC. Effectively stripping it of all that is good about it. It makes it centralized?
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My fear is bitcoin is classified as a security, therefore putting it in the hands of the SEC. Effectively stripping it of all that is good about it. It makes it centralized?
The SEC already came out and said bitcoin is not security.
Please give me a reason to believe this can't happen.
The fact that the SEC said several months back that bitcoin is not a security is a pretty good reason to believe they won't reverse course on that. Many of the others are and will be, not bitcoin though.