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In this video, I discuss "crypto dysphoria," by which I refer to crypto projects that are unregistered securities masquerading as commodities, in order to skirt US securities law.
Ethereum clearly passes the Howey Test, as well as having these markers of centralized projects:
-- Leader
-- Foundation
-- Roadmap
-- Trademark
When Ethereum is forced to register with the SEC as a security, not only will there be large fines involved, but Ethereum will also need to disclose all material information related to the project's principals and their holdings, prospects, risks, etc.
Unlike Ethereum, Bitcoin is a true asset without an issuer, hence a commodity.
Not investment advice! Consult a financial advisor.
Former SEC director Hinman made millions from a pro-Ethereum firm during tenure:
https://protos.com/former-sec-director-hinman-made-millions-from-a-pro-ethereum-firm-during-tenure/
William Hinman's speech:
https://www.sec.gov/news/speech/speech-hinman-061418
Ethereum is trademarked, just like “gold” “oil” and “bitcoin”:
https://twitter.com/coryklippsten/status/1659981820782600192
https://twitter.com/Pledditor/status/1660357061358542848
Ethereum trademarks:
https://ethereum.org/en/terms-of-use/
https://twitter.com/VitalikButerin/status/1225918565246783489
https://trademarks.justia.com/877/91/ether-87791341.html
Ethereum has a road map:
https://decrypt.co/105707/ethereum-merge-surge-verge-purge-splurge-vitalik-buterin
Interview with Vitalik Buterin 24h after launch of Ether pre-sale:
https://www.youtube.com/watch?v=xVinKj8t8ps&ab_channel=EtherCasts
Jack Mallers' step-mom gets pitched ETH by Vitalik on roadshow:
https://twitter.com/jackmallers/status/1602683736167948292
What's So Bad About ETH Being A Security?
https://www.youtube.com/watch?v=UaVMRQSK8mc&ab_channel=BitcoinUniversity
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.
#Bitcoin
#ethereum
#commodity
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