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The CFTC disagrees [1]. Hardly a bright line. [1]: https://decrypt.co/123032/cftc-chair-says-ethereum-is-a-commodity-despite-genslers-bitcoin-only-position?amp

• arcticbull 4y ago
  He would say that because he wants jurisdiction. His argument appears to be "let's just sunk-cost our way through instead of actually doing the correct thing." > “It’s been listed on CFTC exchanges for quite some time, and for that reason,” said Behnam, who argued that it creates a “direct jurisdictional hook” for the agency to police both ETH’s derivatives market and underlying market. Either way they're literally only talking about ETH, which is again, clearly a security as following their framework, nothing else has a long history of being listed on a CFTC exchange. But I digress.
  • junofan 4y ago
    I feel like you’re painting good-faith disagreement as “community pretending there isn’t a bright red line” or “he would say that because he wants jurisdiction,” so I don’t think there’s more to talk about.
    • pessimizer 4y ago
      There's no basis for arguing about your feelings. Your emotions are yours.
  • humanizersequel 4y ago
    >He would say that because he wants jurisdiction You can make the same argument about the SEC.