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Thanks for the post. I was reminded of things while reading it. @gadrian

From my (current) understanding of what Security is, I'd believe that most of these coins are Securities, especially $BNB which is owned & controlled by Binance.

Many coins are at risk of being considered securities based on their lack of decentralization.

Yeah, it's sad and will just lead to more decentralized new coins emerging.

By the way, Bitcoin isn't considered that right now right? Does XMR?

Bitcoin is considered one of the most decentralized blockchains (but not as much the Lightning Network). I'm not sure about Monero.

I find Monero interesting because it has a higher level of anonymity than Bitcoin.

#gmfrens

Yep, I think privacy is crucial and blockchains like Monero have their place in the crypto space.