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> Tomorrow, the SEC decides that Pokémon cards are securities (far-fetched, but work with me here) There’s a little bit of rhetorical sleight of hand here. It’
by smogcutter 3y ago
> Tomorrow, the SEC decides that Pokémon cards are securities (far-fetched, but work with me here)
There’s a little bit of rhetorical sleight of hand here. It’s far fetched because the analogy isn’t actually very good. This isn’t hand waving a minor problem- why the SEC is calling crypto securities and not pokemon cards is the right at the heart of the issue.