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0 pointsQuindecillion2y ago0 comments

I agree. All of crypto passes the Howey test for securities.

Bitcoin doesn't match that definition though. Who or what entity is the 'promoter' or 'third party' for Bitcoin? There's no registered entity, no (legitimate) foundation, no company, no CEO, no board, no chair. It's just a protocol.

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illiarian2y ago

Butcoin's main use case was HODL. You know, in the ancient times of just a few years ago.

And now you'd need an electron microscope to find its use cases as money.

QuindecillionOP2y ago

No, just a regular set of eyes.

https://btcmap.org/map#3/0.00000/0.00000

Maybe try opening them?

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