Kabezo
@kabezo
I love Matt Levine: "The SEC’s view is essentially that it is illegal to publicly offer a cryptocurrency that represents an investment of money in a common enterprise with profits to come solely from the efforts of others. But an investment of money in nothing, with profits to come solely from memes, is fine. So you get the crypto projects that regulation allows. The SEC encourages crypto to be dumb, and crypto obliges."
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