[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 21 KB, 330x330, Gary9000.jpg [View same] [iqdb] [saucenao] [google]
55747112 No.55747112 [Reply] [Original]

Every. Single. One.

>> No.55747132

>>55747112

People just don't get it.
Listen to what Gary is saying, his stance is clear --

>Does the coin have a twitter hyping project?
>Did you have an ICO?
>Does the 'team' hold a % of total coins?

If yes to any of these - your coin is a security.

>> No.55747259

>>55747132
i just put 50k into eth now what???

>> No.55747274

>>55747132
His stance isn't the law.

>> No.55747281
File: 32 KB, 640x432, 1_Cw5EWHr4qD3Ktokuk3ZkbQ.jpg [View same] [iqdb] [saucenao] [google]
55747281

>>55747259
>eth

>> No.55747301

>>55747274

His stance aligns with current laws.

>> No.55747381

>>55747112
>>55747132
It doesnt matter what he says tho

>> No.55747404

If its a token or produces tokens its a security. There you go mr law makers.

>> No.55747422

>>55747112
"There's bitcoin and there's shitcoins"
-Gary Gensler probably

>> No.55747454

>>55747112
So much corruption with SBF.
Why is he not in jail?

>> No.55747500

>>55747112
>Armstrong was quoted as saying the SEC believes “every asset other than Bitcoin is a security” and recounted an exchange with SEC staff where they said, “we’re not going to explain it to you; you need to delist every asset other than Bitcoin.”

Is this really hard to understand ? Every other coin besides Bitcoin is security. Feel free to get deny this, but watch out when your shitcoin drops 99% overnight because it's delisted from Coinbase.

>> No.55747556
File: 478 KB, 1024x896, SELF.jpg [View same] [iqdb] [saucenao] [google]
55747556

>>55747500

Checked n pondered.

>> No.55747668
File: 170 KB, 750x397, IMG_8058.jpg [View same] [iqdb] [saucenao] [google]
55747668

>>55747454

>> No.55747681
File: 605 KB, 750x1315, IMG_2436.jpg [View same] [iqdb] [saucenao] [google]
55747681

>> No.55747683

>>55747112
>yes but the kid's coin is fine and so is the exchange
>is know, I worked with him directly
>no I will not elaborate
>huh? Oh we go to the same Synagogue
>It's nothing
>don't look into it
>are you being antisemitic

>> No.55747688

>>55747301
No it doesn't.

>> No.55747714

>>55747500
>Only outdated send/receive spaghetti code is allowed!
Maxipads really do only care about being the richest slaves, very sad. Shalom

>> No.55747754
File: 766 KB, 1282x808, IMG_9881.png [View same] [iqdb] [saucenao] [google]
55747754

>>55747668

>> No.55748039

Can someone help an economically illiterate lurker out here and explain why the status of crypto as a security is so important? As far as I can tell, securities are just non-liquid assets. Is declaring them a security just a fuck-you because it means they aren’t currency? Does it have a detrimental impact on what can be done with the crypto?

>> No.55748267

>>55747500
The judge said that XRP isn't a security.

>> No.55748273

>>55748039
If they are all securities then they can only be sold by genslers bankers friends.

>> No.55748315

>>55747668
>>55747754
...

These people should all be jailed for life and removed completely from society.

>> No.55748372

>>55747112
The moment you transact in dollars they get involved. So dont use dollars.

>> No.55748404
File: 99 KB, 1024x1104, 1687651379123225.jpg [View same] [iqdb] [saucenao] [google]
55748404

>Every. Single. One
Nope. Even Gary the Nose kneels before true crypto.

>> No.55748432

>>55747274
Actually he is part of the chosen tribe and thus his word is the word of g-d. Cope, seethe and dial8 goyim faggots

>> No.55748600
File: 2.53 MB, 2400x3000, ASM-135.jpg [View same] [iqdb] [saucenao] [google]
55748600

>>55747132
yes kind of. a twitter hype project could be done though without making the project a security

https://www.investopedia.com/terms/h/howey-test.asp

basically just make your coin and don't pre-mine, make it public, don't set any expectation of a profit, and you're set