Securities vs. Commodities: Why It Matters For Crypto

I was trying to explain to someone why there was so much thrash at the moment with regulation and saw this link in another subreddit, which summed things up a lot better than I could. Thought it was one of the most succinct and clear explanations for the recent turmoil that I had seen, and as it helped in our discussions, I thought I would share here, even though there was a fair amount of discussion a couple of weeks back.

As an aside, re:post quality - it is clear that a lot of the reason people end up posting reams of crap is that creating a post that conforms to all the rules is time consuming or frustrating. So we either get moon farming low effort trash that’s gets through anyway, or they end up using the comedy flair or post walls of copy paste text that is then hard to consume. For this post, the original post content I tried to share was a nicely formatted 5 images of a PowerPoint from r/ethermining but the automod just killed it because it thought it was a meme.