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A comment on Coinbase CEO: we're preparing to go to court with the U.S. SEC. Parent comment

Re:Coinbase CEO: we're preparing to go to court with the U.S... by humanizersequel on Tuesday April 18, 2023 @08:55PM (#35622769)
Whether or not Coinbase is operating a securities exchange (they obviously are, despite the fact that I don't necessarily agree that "most" cryptocurrencies they list being securities by any reasonable application of the Howey test), and whether Coinbase Earn ("the product") is a security, are two distinct questions.
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Re:Coinbase CEO: we're preparing to go to court with the U.S... by tehlike on Tuesday April 18, 2023 @10:31PM (#35623580)
Which part of howey do you think Coinbase earn(not staking, but the product offered by Coinbase themselves) doesn't satisfy and is therefore not a security?

I made it explicit between staking (you staking your own money) and doing it through Coinbase.

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Re:Coinbase CEO: we're preparing to go to court with the U.S... by humanizersequel on Tuesday April 18, 2023 @11:14PM (#35623846)
> not staking, but the product offered by Coinbase themselves

But the product Coinbase offers is staking.

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Re:Coinbase CEO: we're preparing to go to court with the U.S... by tehlike on Wednesday April 19, 2023 @12:16PM (#35630014)
You are missing the nuance.

You can go ahead and try staking your money yourself on the protocol. But do it through coinbase equation changes.

Also coinbase earn does defi yield (which is more clear cut securities), but i am in mexico now, and can't tell if this were the case in the US or i am seeing geofenced content.

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Re:Coinbase CEO: we're preparing to go to court with the U.S... by humanizersequel on Wednesday April 19, 2023 @02:00PM (#35631264)
AFAICT (and I suppose it's possible I'm missing something), here in the US there is nothing on Coinbase Earn besides staking.

>do it through coinbase equation changes

Why? It's still just staking.

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Re:Coinbase CEO: we're preparing to go to court with the U.S... by tehlike on Tuesday April 25, 2023 @04:26PM (#35706282)
I'm back in US

There's DEFI yield in US. https://www.coinbase.com/earn?filter=DEFI

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Re:Coinbase CEO: we're preparing to go to court with the U.S... by humanizersequel on Saturday April 29, 2023 @10:16PM (#35759160)
I clicked on the top 5 of that list and every single one is staking.
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