Providing a legal framework fo

2023-05-26

Providing a legal framework for crypto would LEGITIMISE a Ponzi Scheme, which is exactly what bitcoin et al are. They have no store of intrinsic value, are NOT a medium of exchange, are created by a miners on a computer . Of cuz bitcoin is a security - it purports to have all the ingredients of a security. As for staking of bitcoin, IT IS AN INVESTMENT CONTRACT AS DEFINED BY THE HOWEY TEST. COINBASE will not receive legislation from any regulator because that would legitimise the scam, that has duped so many and will continue to. $Coinbase Global, Inc.(COIN)$

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