⚡️🇺🇸 NEW - SEC Crypto roundtable lawyer says, "We all agree that #Bitcoin is not a security, it is not a investment contract because it is sufficiently decentralized."
Discussion
"Sufficiently decentralized" 🙄
Bitcoin is chaos and I love it. Why do I say that? Imagine someone cracks Bitcoin mining and is able to control what does and doesn't get mined... Do we sit there and take it? No. Do we say Bitcoin failed? Maybe. I would bet we find a solution and then reclaim the name #Bitcoin. Chaos: you don't know what it is, it doesn't know what it is, so you can never kill it.
It should be clear to these people that it shouldn't be taxed when it's transacted.