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Title: Sec determined that bitcoin and etherium are not securities Post by: Ogman22 on June 14, 2018, 05:39:34 PM I just read from cnbc that a spokesperson from sec said that btc and eth are not securities because they are decentralized. Can you please interprete it and tell me your views.
Title: Re: Sec determined that bitcoin and etherium are not securities Post by: Gozie51 on June 14, 2018, 05:47:57 PM I believe the explanation from my view is that sec can't regulate them. They are anonymous, can't be controlled nor regulated. Securities have a measure of control by the government.
Title: Re: Sec determined that bitcoin and etherium are not securities Post by: Ogman22 on June 14, 2018, 05:56:00 PM I believe the explanation from my view is that sec can't regulate them. They are anonymous, can't be controlled nor regulated. Securities have a measure of control by the government. Yea thanks a bunch. That explains why the market sky rocketed afterwards. I think investors like that idea |