Re:US SEC sues Coinbase, one day after suing Binance
by spaceman_2020 on Tuesday June 06, 2023 @11:36AM
(#36214466)
Bitcoin might be classified as a commodity, but nearly every other crypto out there, especially anything with a premine or any sort of revenue sharing, is pretty clear cut a security.
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Re:US SEC sues Coinbase, one day after suing Binance
by whimsicalism on Tuesday June 06, 2023 @12:25PM
(#36215218)
I disagree that the line between 'premine' and what happened with Bitcoin is actually all that clear.
Sure, genesis block yada yada but Satoshi (if he were alive/inclined) is still a multi-billionaire from behaviors that are pretty similar to what we call premining.