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Re:Judge gives Ripple partial win in SEC case over XRP crypt... by yata69420 on Thursday July 13, 2023 @06:04PM (#36716726)
This is pretty obviously the reasonable take.

> A security is a contract, not just anything that people trade around in a speculative way.

The scary thing IMO is that I think if you had enough big money trading bottlecaps or baseball cards, you'd quickly find them being considered a security.

But words have to mean something. Things can't just be a "security" because they make the government feel insecure.

Re:Judge gives Ripple partial win in SEC case over XRP crypt... by DennisP on Thursday July 13, 2023 @06:21PM (#36716931)
Enormous money trades soybeans but they still aren't securities.