Replying to Avatar Fiat Shenanigans 🤡🌎

Things that are NOT securities and will survive the SEC crackdown:

Bitcoin

Litecoin

Monero

...and I hate to say it, but DOGE as well.

None of these can satisfy all four prongs of the Howey test.

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nostr.build 2y ago

Good read

https://www.investopedia.com/terms/h/howey-test.asp

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