RE: Patient with Arb Guys - but have a altcoin q5 Oct 2021 17:02
flowerpot999, Gensler has called crypto the Wild West and said that investors need to be protected. The Howey test is very simple. ETH, which Henry Quan called “Evil” and a tool for Wall Street to get richer at the expense of ordinary investors, is a prime example of a coin that is controlled by a small group of its “owner”. They decide when to “burn” coins and change their scarcity and value. The SEC May shirk that tackle, because of its popularity, but it’s a prime example of a ****coin. ETC is controlled by no-one, like Bitcoin, so should be ok.
Anyway, apart from accidentally having exposure to $YOP, my only interest is in the superiority of Bitcoin.