You are viewing a single comment's thread from:RE: LeoThread 2023-06-13 08:45View the full contextthemarkymark (80)in LeoFinance • last year “Bitcoin. Ether. Litecoin. Bitcoin Cash. Why did I name those four? They’re not securities.” Gary Gensler 2018
Lol those are probably the crypto he holds
He claims to have never owned crypto or even a wallet.
Probably not directly. But I cannot rule that out.
Are any of the other coins count as security if these aren't?
I'm still not sure what is security despite reading a lot about it. It's like they're making this intentionally confusing.
Probably this will interest you:
SEC lawsuits: 68 cryptocurrencies are now seen as securities by the SEC
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
Marky on threads....nice
Been on threads for a while.
ye nice to see!