News for hackers. Stuff that matters.
Re:US SEC sues Coinbase, one day after suing Binance by taeric on Tuesday June 06, 2023 @11:22AM (#36214230)
He wouldn't start answering. He was asked "yes or no, is ..." and would start hemming and hawing with words that were neither "yes" or "no."
Re:US SEC sues Coinbase, one day after suing Binance by vkou on Tuesday June 06, 2023 @11:34AM (#36214434)
Have you stopped beating your wife?

Yes or no. No hemming or hawing. It's a simple question, yes, or no?

----

Is it clear to you now that a simple yes or no question, couched in an incorrect assertion is not actually a simple question?

Re:US SEC sues Coinbase, one day after suing Binance by taeric on Tuesday June 06, 2023 @11:49AM (#36214672)
A question where answering easily implies past behavior is very different from one that does not. "Do you think it is ok to beat your spouse?" better not get any slow rolled answer, and is more comparable here.

Hell, I'd be fine with a hedged answer of "it can be." That would make a ton of sense and would make sense. Akin to asking "is it speeding to drive your car at 40?" The answer would be "in certain situations, certainly. Can be too fast and it can be too slow." So an answer of "I can't answer without more context" would be fine.

None of that is what I saw.

Re:US SEC sues Coinbase, one day after suing Binance by vkou on Tuesday June 06, 2023 @11:53AM (#36214731)
Past behaviour isn't the issue. An incorrect assertion is the issue.

Let me give you another chance to answer a simple yes or no question.

----

Since it's obvious that democrats are all criminals and baby-eaters, is Elizabeth Warren a democrat?

Yes or no. No hemming or hawing. I'll interrupt you as soon as I hear any words besides those two. Your answer or failure to answer will appear as a headline in the New York Times.

----

The chair was responding to the statement made in the question, the congressman just didn't like what that response was, which is why he kept interrupting.

Re:US SEC sues Coinbase, one day after suing Binance by whimsicalism on Tuesday June 06, 2023 @12:35PM (#36215396)
For any who might be interested, a link to the exchange that this user is comparing to asking if "democrats are all criminals and baby-eaters" [0]. Remember, the law is "extremely clear" on whether these tokens are securities or commodities, according to the GGP commentator.

[0]: https://youtu.be/VhA1dZXeao0?t=58

Re:US SEC sues Coinbase, one day after suing Binance by taeric on Tuesday June 06, 2023 @12:07PM (#36214902)
The question was literally "is ETH a security?" To compare that to the questions you are stating is laughably bad faith argument.

Though, I'll bite. What statement is made by the question "Is ETH a security?" Why is that a question that can't be answered with "Yes", "No", or "it depends how it is packaged"?

Re:US SEC sues Coinbase, one day after suing Binance by vkou on Tuesday June 06, 2023 @12:28PM (#36215252)
The question was literally "Because something cannot be both a security and a commodity, is Eth a security?"

The chair's answer was, as we can glean from the interruptions (but who the hell really knows, the man's not allowed to finish a sentence) 'It depends'.

Re:US SEC sues Coinbase, one day after suing Binance by taeric on Tuesday June 06, 2023 @12:42PM (#36215509)
If he was saying "it depends" he had a lot of words to say that. His sentences were like my talking to the kids when I ask "did you do your homework?" It was painful.

And note that some things can be both a security while wrapped around a commodity. Just look at brokered CDs. Such that, even if you agreed that ETH is a commodity, you can still have financial instruments on ETH that are securities.

Re:US SEC sues Coinbase, one day after suing Binance by trifurcate on Tuesday June 06, 2023 @06:21PM (#36219877)
No, I have not stopped beating my wife.