Do you accept ?

[bettercrypto]

So why did SEC now accepts that everything apart from Bitcoin is a security? This makes me smile that they keep Bitcoin out of the hook but is it true that all other crypto projects can be considered a security?

What do you think? Oh, and here you go, before you ask where I read this news from

https://cryptomaton.medium.com/sec-everything-apart-from-bitcoin-is-a-security-ef371b1f0bd3

Whatever the SEC is doing now, it seems that they will put more pressure on others that they know are already known in
the cryptocurrency field.

    It's impossible because they don't know that they have no ability to control Bitcoin, the SEC seems desperate to control bitcoin. I can still believe that they can control other altcoins but not Bitcoin of course. But I think this is just a fud to destroy Bitcoin and others.

[Kakmakr]

The Howey Test refers to the U.S. Supreme Court case for determining whether a transaction qualifies as an “investment contract.” If a transaction is found to be an investment contract, it's considered a security. Source : https://www.embroker.com/blog/what-is-the-howey-test-does-crypto-pass/

Now let's not forget that the US defined Bitcoin as a commodity and not as a Currency, so they are using their own protective definition to categorize Bitcoin as a security. 

[RealMalatesta]

Accepted as legal tender where?

It's already legal tender in El Salvador and in the Central African Republic.

I reckon the US will probably be one of the last places where it would be legal tender, as the US is the strongest fiat at the moment.

But let's remember that before the USD there was the British Pound, and the Spanish Real. Things change, and they change faster and faster. I can see that there won't be any next new fiat, but instead there would be a Bitcoin standard to replace USD dominance.

Of course the USA won't want that to happen so it won't make it a legal tender there.

Not the same period though. Sure those were times when things were a bit different and they dominated that period, but that was because they took their money everywhere they went and that caused it to be bigger than everything else.

Right now we are in a global world, you might live on the opposite side of the world to me and we are talking here, internet made it like we are one big nation instead of so many different nations, we can chat and work and pay all at the same time in a minute. This means if USD is the biggest right now, during this period, then it's harder to drop that down. Bitcoin has a chance, just not a lot of chance to do so.