Re:Robinhood Crypto Gets Wells Notice from US SEC
by megadal on Monday May 06, 2024 @05:24PM
(#40279677)
The fact that you can create a crypto more easily today has nothing to do with whether or not crypto is a commodity (though I suspect that point is not really why you made this comment).
It's the fact that there's an overwhelming number of exchanges that willingly accept crypto from other exchanges coupled with the fact that anyone can mine/produce crypto. The moment that there were two places to get BTC that accept BTC from each other in exchange for money, it was a commodity.
Today, you can spin up your own shit coin with basically a few clicks.