npub1kpwlxpzkxfmuxjmzc2wp3rf9vjg0sgydmlhsnrgqr3maf59h86qqdxxzz4 (npub1kpw…xzz4) Yeah, I understand the difference; that's why I asked for a law *or* regulation.
As I understand it, those rulings do not apply to all cryptocurrencies. They apply to crypto tokens *sold as investments*. In other words, they were sold to customers with the promise the value will rise, and it's that advertising that ultimately got them in trouble.
A cryptocurrency that exists for stability (or at least doesn't actively advertise itself as existing for the sole purpose of going up in value) would not be beholden to such rules.
That all makes good sense to me. It's how it should work, and wouldn't prohibit using crypto for legitimate purposes.
Louis Ingenthron /
npub1xe…w5ysu
2023-09-14 21:08:26
in reply to nevent1q…jstk
Author Public Key
npub1xejyzwkhc60u7sgfvfan60w2j8mhavn9ktsm08hxzu8ckxn8srxqyw5ysuPublished at
2023-09-14 21:08:26Event JSON
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"content": "nostr:npub1kpwlxpzkxfmuxjmzc2wp3rf9vjg0sgydmlhsnrgqr3maf59h86qqdxxzz4 Yeah, I understand the difference; that's why I asked for a law *or* regulation.\n\nAs I understand it, those rulings do not apply to all cryptocurrencies. They apply to crypto tokens *sold as investments*. In other words, they were sold to customers with the promise the value will rise, and it's that advertising that ultimately got them in trouble.\n\nA cryptocurrency that exists for stability (or at least doesn't actively advertise itself as existing for the sole purpose of going up in value) would not be beholden to such rules.\n\nThat all makes good sense to me. It's how it should work, and wouldn't prohibit using crypto for legitimate purposes.",
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