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A comment on The political case for a blanket cryptocurrency ban. Parent comment

Re:The political case for a blanket cryptocurrency ban by tome on Wednesday March 31, 2021 @01:48PM (#26650514)
The transaction must be denominated in dollars, but must dollars actually change hands? I don't think so. Companies buy other companies with stock issues all the time.
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Re:The political case for a blanket cryptocurrency ban by JumpCrisscross on Wednesday March 31, 2021 @02:22PM (#26651000)
> transaction must be denominated in dollars, but must dollars actually change hands?

I believe it's the other way around. It can be denominated in anything, but trading e.g. the deed to your house for some Apple stock is a no no. (Doesn't have to be U.S. dollars, though.)

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