The legal classification in the USA is that it is speech. See the Bernstein case.
Discussion
But the legal classification of Bitcoin is a commodity under the U.S. Commodity Exchange Act. Whether I agree with this is irrelevant.
The government classifies tomatoes as vegetables and a female marijuana plant with less than 0.3% THC as hemp. Both of these classifications are wrong, but crony corporations will side with the government because the government gives them their monopolies.
Stop wasting your time. This is exactly why I donāt come here its full of...
Dude I know itās stupid, but to win in the governmentās courts you have to play by the governmentās rules. Thatās what I love about Bitcoin. It doesnāt matter what the government says; they canāt stop it.
Thatās why I prefer to just point out how stupid it all is. Check out this video by nostr:npub1hqaz3dlyuhfqhktqchawke39l92jj9nt30dsgh2zvd9z7dv3j3gqpkt56s
https://twitter.com/avi_burra/status/1669522056197619712?s=46&t=KKPpg4jlAEfn5NMRsS08uQ
You dont know wjat youre talking aboutā¦and thats OK. And im not a ādudeā.