What's So Bad About ETH Being A Security? [xb0hIcwgxwc]
๐๐๐ญ ๐๐ก๐ ๐๐ฅ๐ญ๐ข๐ฆ๐๐ญ๐ ๐๐ฎ๐ข๐๐ ๐๐จ ๐๐ข๐ญ๐๐จ๐ข๐ง:
Use the discount code YT99 to get the best price.
In this video, I discuss the very bad things that would happen to ETH, Cardano, XRP, Solana, and other altcoins if they were forced to register with the SEC.
Not only would there be large fines involved, but these projects would also need to disclose all material information related to the project's principals and their holdings, prospects, risks, etc. These disclosures would almost certainly lead to a rush to the exits by institutional investors and others who are already nervous after the FTX blow-up.
Altcoins today serve no other purpose than regulatory arbitrage and evading existing securities law. They are a way for venture capitalists and other institutional investors to fund a project and be able to dump the tokens on retail investors, without ever having to file for an IPO.
By contrast, Bitcoin is an asset without an issuer-- a true digital commodity.
Not investment advice! Consult a financial advisor.
Coinbase S-1:
Solana Billionaire VC's Are Laughing At You:
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#ethereum
#bitcoin
#SEC
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