/biz/ - Business & Finance

[Anonymous No.51536563]

is this shit a security now? Will the SEC kill it?

[Anonymous No.51536625]

>>51536563
How could a feather kill a hawk my native friend?

[Anonymous No.51537087]

>>51536625
>why would a hawk tear out its feather?
FTFY

[Anonymous No.51537264]

>>51536563
No, because Congress has already decided to make it a law that Eth is a commodity.

[Anonymous No.51537299]

ETH is the textbook definition of a security, but it's also too big to fail at this point, so the SEC will give it a pass.

[Anonymous No.51537365]

>>51536563
>is this shit a security now?
Yes, undoubtedly 100%, the Howey test is concrete and straightforward
>Will the SEC kill it?
They certainly have the power to, all it would take is a few lawsuits. No one has the answer to this right now, maybe not even SEC Chair Gensler as he's currently talking in decade-long timeframes for definitive rules on crypto lmao

[Anonymous No.51537373]

>>51537299
America has to embrace the new tech companies or get left behind.
Besides what can they actually do? Stop the ethereum network? Force taxes? Take vitalik to court?

[Anonymous No.51537393]

>>51537365

>just wait for it to become a multi trillion dollar scam bro, what could go wrong?

[Anonymous No.51537498]

>>51537373
Erm... all of that? Where does JP Morgan operate? Predominantly within SEC jurisdiction. ETH specific tax isn't completely out of question either, and Vitalik could be banned from US and hounded to appear in US court.

[Anonymous No.51537545]

>>51536563
>premine
>ICO
>expectation of profit comes from a few identifiable individuals

It was always a security, the SEC are just useless.

[Anonymous No.51538134]

>>51536625
it is not the big fish which eats the small fish, it's the fast fish which eats the slow fish

[Anonymous No.51538363]

>>51536563
>Will the SEC kill it
you can not kill something already dead

[Anonymous No.51539258]

>>51536563
The SEC is irrelevant. Monero will kill both ETH and the SEC.