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Bitcoin is generally considered a security, not a currency.
by preseinger 4y ago
Bitcoin is generally considered a security, not a currency.
- samatman 4y agoYes, and I'm saying that while the rulings of the SEC on this subject consider it a security, I don't believe the law is on their side any longer, since El Salvador declared it legal tender. That straightforwardly makes it a currency, and I don't believe there is any treaty framework for a country to say "lol no, your currency is fake, it's actually a security to us". Can you imagine the hassle if a country adopted Apple stock as a legal tender? That's basically what happened last year.