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> “I get paid in all kinds of tokens, and it's nice to see some coins rise after I get paid, which makes freelancer work feel a tiiiiiny bit more like being an
by pavlov 2y ago
> “I get paid in all kinds of tokens, and it's nice to see some coins rise after I get paid, which makes freelancer work feel a tiiiiiny bit more like being an employee with stock.”
This is the very definition of a security in US law. These tokens are unregulated penny stocks. (Of course you and your employers may be in another country and this doesn’t apply.)
It certainly doesn’t seem like a big crime. And maybe your employers are the good guys. But everyone knows there are also tons of bad actors in crypto who sell junk tokens to retail investors who lose their savings.
This happens all over the world: millions of Nigerians have invested in crypto, but it’s almost exclusively into tokens created by local influencers that end up being worthless in a few years. That’s the overwhelming global reality of crypto, not the stories of noble dissidents receiving Bitcoin.
- deleted 2y ago[deleted]
- k__ 2y agoYes, it's mostly a shit show. NFTs, meme coins, etc. I don't understand most of that. I keep to my niche, build with stuff I think is interesting, and keep away from most of it.