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Coinbase tells judge that buying crypto is just like collecting Beanie Babies (finance.yahoo.com)

submitted 9 months ago by [email protected] to c/[email protected]

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Coinbase tells judge that buying crypto is just like collecting Beanie Babies::The SEC argued that unlike collectibles, when a crypto token is purchased, the owner is invested in the network or enterprise behind the token.

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[–] [email protected] -2 points 9 months ago (2 children)

I buy Monero to have freedom from being watched by banks and governments.

Boy, do I have some very, very bad news for you...

https://arstechnica.com/features/2024/01/how-a-27-year-old-busted-the-myth-of-bitcoins-anonymity/

[–] [email protected] 5 points 9 months ago* (last edited 9 months ago)

That is Bitcoin though, not Monero, and everybody should know that Bitcoin is traceable. I've certainly been aware of that for years.

[–] [email protected] 4 points 9 months ago

This was why they invented monero, and has been understood pretty much since the inception of Bitcoin. That article is a nothing burger.