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> Just because Bitcoin is considered not a security now doesn't mean it will never be considered a security. If the bitcoin miners decided to band together and
by csomar 3y ago
> Just because Bitcoin is considered not a security now doesn't mean it will never be considered a security. If the bitcoin miners decided to band together and take active control over the direction of bitcoin innovation, then its current excuse would evaporate.
This is a messed up logic. Of course, if you changed the fundamentals of Bitcoin, the consequences will also change. But saying that "Bitcoin is considered not a security now doesn't mean it will never be considered a security" implies that the same Bitcoin can potentially be considered a security. Which is an entirely different premise.