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The question was literally "Because something cannot be both a security and a commodity, is Eth a security?" The chair's answer was, as we can glean from the i
by vkou 3y ago
The question was literally "Because something cannot be both a security and a commodity, is Eth a security?"
The chair's answer was, as we can glean from the interruptions (but who the hell really knows, the man's not allowed to finish a sentence) 'It depends'.
- taeric 3y agoIf he was saying "it depends" he had a lot of words to say that. His sentences were like my talking to the kids when I ask "did you do your homework?" It was painful. And note that some things can be both a security while wrapped around a commodity. Just look at brokered CDs. Such that, even if you agreed that ETH is a commodity, you can still have financial instruments on ETH that are securities.