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

submitted 10 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] -1 points 10 months ago (8 children)

I don't buy Monero to collect it. I buy Monero to have freedom from being watched by banks and governments. I buy my groceries with it. I pay for things with it. I use it as a currency. Not for number go up. Bullshit.

[–] [email protected] -2 points 10 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] 4 points 10 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.

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