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Re:US SEC sues Coinbase, one day after suing Binance by tromp on Tuesday June 06, 2023 @09:56AM (#36212847)
I think ETH should have been classified as one too, due to its ICO. Making an exemption for that was a mistake...
Re:US SEC sues Coinbase, one day after suing Binance by simpsond on Tuesday June 06, 2023 @10:36AM (#36213470)
The primary use cases of ETH are changing state of the network and collateral for state change validation. Requester pays to effect change and some ETH is burnt and some goes to validators to incentivize operation. What other security does that? I don’t expect profit when using it to change state of the network.
Re:US SEC sues Coinbase, one day after suing Binance by WinstonSmith84 on Tuesday June 06, 2023 @10:18AM (#36213187)
Let's ask Gensler what are his thoughts about ETH then

https://twitter.com/sassal0x/status/1648338351832064003

Oh wait ... :-)

Re:US SEC sues Coinbase, one day after suing Binance by throw1234651234 on Tuesday June 06, 2023 @11:02AM (#36213891)
That's amazing on the level of refusal to answer a simple question.