2 ms·

Can anyone tell me if Valve's Steam Marketplace would constitute a "securities" platform. What is the diffrence between Valve facilitating the buying/selling so

• pembrook 9y ago
  No. The difference here is 99% of people holding crypto assets are doing so as (and literally calling them “Investments”). People putting money into steam are knowingly doing so for the purpose of playing games. The former represents a significant threat to the stability of American households when a large portion of the population thinks they are “investing” in something that is also not required to follow the safeguards in place for investments. In case you didn’t realize it, there are many many people putting much more money into crypto than they can afford to lose. See credit card purchases on Coinbase for more info. I’d just assume let stupid people be stupid people, however, when millions of those stupid people collectively lose their money together...it creates huge societal problems and strain on government services which you and I have to pay for...with US dollars of course.
  • deleted 9y ago
    [deleted]