Bitcoin Forum
October 18, 2018, 09:53:41 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2018-04-25] Andreessen Horowitz Leads the Fight to Prevent SEC From Classifying  (Read 22 times)
Jgilpulg
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
April 25, 2018, 02:26:37 PM
 #1

Financial institutions, entrepreneurs, and venture capitalists fear that regulators could designate Bitcoin and other specific cryptocurrencies as securities. Such a designation would carry an onerous oversight.

https://bitcoinist.com/andreessen-horowitz-leads-fight-prevent-sec-classifying-bitcoin-security/

1539899621
Hero Member
*
Offline Offline

Posts: 1539899621

View Profile Personal Message (Offline)

Ignore
1539899621
Reply with quote  #2

1539899621
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1539899621
Hero Member
*
Offline Offline

Posts: 1539899621

View Profile Personal Message (Offline)

Ignore
1539899621
Reply with quote  #2

1539899621
Report to moderator
gentlemand
Legendary
*
Online Online

Activity: 1792
Merit: 1272


Hello You


View Profile
April 25, 2018, 06:27:01 PM
 #2

Absolutely no way Bitcoin could ever be classed as a security or anything of a similar origin such as LTC, Doge, XMR and others. None of them fulfil any of the criteria.

Ethereum on the other hand could potentially attract that categorisation, but I'd say that was a stretch too. I think there's enough money swilling around in the ETH space to pay for enough lobbying to head it off. Definitely possible for others and especially any recent ICOs.

Mrs Troll
Full Member
***
Offline Offline

Activity: 322
Merit: 102


View Profile
April 25, 2018, 06:54:07 PM
 #3

Gary Gensler (former head of CFTC) said the same about Ethereum and Ripple on Monday. Looks like they really prepare us to declare main currencies as securities...
gentlemand
Legendary
*
Online Online

Activity: 1792
Merit: 1272


Hello You


View Profile
April 25, 2018, 06:58:25 PM
 #4

Gary Gensler (former head of CFTC) said the same about Ethereum and Ripple on Monday. Looks like they really prepare us to declare main currencies as securities...

Neither of them are currencies and the developers themselves say they're not either. If ETH launched today then it probably would be hammered. I think there's enough decentralisation out there by now to say it's a phase that's passed.

Ripple? Possibly. Couldn't give a shit myself.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!