3 ms·
What's the common enterprise? Buying sneakers gives you a pair of sneakers, not the right to a piece of Nike's profits. In this case the sneakers sound like a
by triceratops 3y ago
What's the common enterprise? Buying sneakers gives you a pair of sneakers, not the right to a piece of Nike's profits.
In this case the sneakers sound like a commodity, not a security.
- okwubodu 3y agoI agree. My point is that calling them a security is consistent with the SEC’s position on what makes a digital asset a security.