this post was submitted on 19 Jan 2024
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Coinbase tells judge that buying crypto is just like collecting Beanie Babies (finance.yahoo.com)
submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world
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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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[–] chunkystyles@sopuli.xyz 4 points 2 years ago* (last edited 2 years ago)

They'd give you an answer that's incoherent to their supposed beliefs. The answer would be the one that reinforced their current position. Because that's what they truly believe in. They want more wealth and power for themselves.