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by floydnoel
1456 days ago
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BTC isn’t a security. “Crypto” securities are much riskier than sticking with the one cryptocurrency worthy of being called a commodity- according to Gary Gensler (SEC chair, former CFTC chair). Securities are dividend or interest bearing assets. Commodities do not give interest or dividends, it’s like holding gold or some other rock. BTC is volatile enough! “Stable” coins and other “guaranteed return but not regulated” instruments have a long history of collapsing, even before “crypto” was sprinkled on top. |
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