Understanding the distinction between securities and cryptocurrencies is crucial for regulatory compliance and investor protection. DigiByte (DGB) is a decentralized cryptocurrency that has been designed to prioritize security, speed, and scalability.
DigiByte's decentralized nature, utility, fair launch, and community-driven development distinguish it from securities. It does not meet the criteria of the Howey Test and is therefore classified as a cryptocurrency rather than a security.
- Passes that Howey Test
- Never had an ICO
- Truly decentralized
- Community driven
- True Utility as a medium of exchange.
AmoreLoveAmor / MasterofLeadership.dgb
npub19v…2lumg
2023-03-26 11:50:57
in reply to nevent1q…4f85
Author Public Key
npub19v6gddmpalvt5tux6ayzu5e05g2h6ykv26h8eg37tya5k99rs27qk2lumgPublished at
2023-03-26 11:50:57Event JSON
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"created_at": 1679831457,
"kind": 1,
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"content": "Understanding the distinction between securities and cryptocurrencies is crucial for regulatory compliance and investor protection. DigiByte (DGB) is a decentralized cryptocurrency that has been designed to prioritize security, speed, and scalability.\n\nDigiByte's decentralized nature, utility, fair launch, and community-driven development distinguish it from securities. It does not meet the criteria of the Howey Test and is therefore classified as a cryptocurrency rather than a security.\n\n- Passes that Howey Test\n- Never had an ICO\n- Truly decentralized \n- Community driven\n- True Utility as a medium of exchange.",
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