> > You consume it by trading Hence the SEC is right to clampdown on crypto for violations of securities law, in order to prevent bubbles that emerge when the

> > You consume it by trading Hence the SEC is right to clampdown on crypto for violations of securities law, in order to prevent bubbles that emerge when the only use for something is trading it for something else. We already have that, people who want to participate in that game know where to go, the stock market. > > for a direct analog to your example, by showing off your wallet balance That's the most circular thought I've ever heard.