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Replying to Avatar Nostr News Network

US Crypto Czar, David Sachs, says there are different types of crypto assets:

Commodities

Securities

Stablecoins

Collectibles

He says Trump’s memecoin is not a conflict of interest because it’s just a “collectible like a stamp or a baseball card.”

https://file.nostrmedia.com/p/e8d66519e43b1214ac68f9f2bdbc4386d41ac66b20c5a260b9b04102784074e9/f3f370d4b31cd5d5e31541f7e0da72e8056a5ce73291c8183683d50ee358fcf5.mp4

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Sikto 11mo ago

Except he has control over whether the collectibles market gets advantageous policy enacted. What a dickhead.

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