Louis Ingenthron on Nostr: npub1kpwlx…xxzz4 Yeah, I understand the difference; that's why I asked for a law ...
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.
Published at
2023-09-14 21:08:26Event JSON
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