/biz/ - Business & Finance

There is no search function for non account holder. I dont care what Genseler spams on his account I want to search for the reacrions, without account, cant do that wont care

>>54765213
>reacrions
???

>reasonable expectations of profit
>from a token used to pay fees
Gary is silly

>>54765227
It's slang for 'go back to twitter you faggot nigger'

>>54765244
there's a vid of gary in 2018 saying they're not securities hes def just filling his bags for as long as possible before saying jk haha

okay watched the shit and its the same issue as with what happened before congress. Gary is not 100% wrong but he is also not 100% right. There are certainly tokens and contracts that could be seen as creating reasonable expectations of profits for "investors", but to expect from eth or other fee tokens that any level headed human buys into it expecting a profit that is derived from third parties and not just from pure speculation on future use and demand for to pay for blockspace is just silly

The issue isnt securities law, that one is clear, the issue is blockchain user education, but its not illegal to profit from retardation, the USA build an empire on it

>>54765318
>but to expect from eth or other fee tokens that any level headed human buys into it expecting a profit that is derived from third parties
but that's a security.
the latter explanation you say after's a commodity, but the former's a security.

>>54765282
There is something else. I am convinced that Gary is part of a kabal around Sams daddy and his biological daddy that ventured out to extract maximal profit rent-seeking from regulatory costs for privates on crypto buisnesses and after Sams scheme was uncovered by Chengs cowboys Gary is now fighting tooth and nail for his reputation while still following the plan, but now more aggressive because the trojan jew horse is likely going behind bars

main thing, seriously, this is ridiculous.
it's embarrassing these guys are fighting on youtube.
goybase knows they're illegally operating and has been arguing in bad faith to lock things in court as long as possible.
gensler was smart to shut up finally, but yea, now the SEC has a retarded history where Gary didn't want to contradict winham, who had obvious conflicts of interest with the Ethereum foundation.

>>54765363
How is a token to pay for fees a security. A casino jetton to play slots isn't a security either; its a convenient and in the case of dlt necessary way to use for transactions.

crypto like eth is a mix of a casino jetton and a commodity, not a security

>>54765392
>How is a token to pay for fees a security
proof of work is not, but proof of stake is.
PoS surface level, that's a bond.
I buy coin, it gives me interest, if I commit it.
that's clearly a security.

>>54765424
staking the fee token is a necessary aspect of ensuring the immutability of the network, by your logic a bitcoin miner would be a security. You buy miner commit it and get interests.

The point is a validator doesn't get interests from the work of a third party but from the activity on the network

>>54765471
the only thing I might see would be that the state the eth or similar tokens are in at a sepcific moment in time decides if it is a security or not.
Staked eth if one wants to be pedantic could in a broad way be interpreted as a security if one sees the eth network as a centralized third party entity that generates profit by its activity for validators. Who Gary is going to sue, don't know, not the eth foundation, they are not producing the profits

but just eth that sits in a wallet or is used to pay fees, it simply cant be a security.

>>54765471
>by your logic a bitcoin miner would be a security.
no, a bitcoin miner has to actually do work, which is clear.
a validator in proof of staking, just voting, there's no work involved.
yea, I get it, you could take the AT&T unlimited internet approach argument and say well, only a very tiny minority of users use more then 2GB so that's unlimited, or you could say that's bullshit, unlimited means unlimited, which the former would be your argument PoW is as much a security as PoS, whereas latter, says that's clearly bullshit, which it is.

>>54765520
>Staked eth could in a broad way be interpreted as a security if one sees the eth network as a centralized third party entity that generates profit by its activity for validators.
yes, there you go, that's exactly what it is.
which is why the SEC sued for staking services with eth, e.g. kraken.

>>54765183
>who is right?
Coinbase is going to lose, they've listed a lot of garbage during the 21' bullrun. Now are acting oblivious to it.

Btw I use to work at CB, it's run poorly and CX sucks.

>>54765183
Imagine caring about DEX wars and Coinbase's bullshit when you can literally use DexTools that offers you the same functions and more, oh and for less gas fees and no kyc

>>54767125
can I buy crypto with a credit card? how do I buy crypto on dextools without having crypto?