this post was submitted on 19 Jan 2024
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117
Coinbase tells judge that buying crypto is just like collecting Beanie Babies (finance.yahoo.com)
submitted 8 months ago by [email protected] to c/[email protected]
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Coinbase tells judge that buying crypto is just like collecting Beanie Babies::The SEC argued that unlike collectibles, when a crypto token is purchased, the owner is invested in the network or enterprise behind the token.

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[–] [email protected] 4 points 8 months ago* (last edited 8 months ago)

They'd give you an answer that's incoherent to their supposed beliefs. The answer would be the one that reinforced their current position. Because that's what they truly believe in. They want more wealth and power for themselves.