Hacker News new | ask | show | jobs
by Alex3917 1190 days ago
> Unfortunately the CFTC has another view and they both can’t be right

Of course they can. Whether something is a commodity has absolutely nothing to do with whether something is a security. They are completely orthogonal concepts.
1 comments
HWR_14 1190 days ago
Wait, what? I thought a commodity was corn and a security was stock and everything in this discussion was about arguing which it was closer to.

What is a commodity then?

link
trompetenaccoun 1190 days ago
The above is obviously false. This is why you should not learn about finance and economics on HN, many users have no idea what they write. Something is either a security or a commodity, these are legal terms and treated differently by law. The status may be undermined but it can not be both.
link