I don't disagree. John McAfee was talking about Bitcoin is not a security. After watching the videos where he explained it, I adopted his views on Bitcoin. I would imagine that Hive and many if not all true cryptocurrencies either are or could have been not a security like Bitcoin is not.
But my question is not in regards to what cryptocurrencies are not. We can say that they are not securities. Some or most of them probably are not actually securities.
But my question is in if the law in the United States as of right now view Bitcoin, Hive, and other cryptocurrencies, as securities, shares, money, assets, items that could be taxed, etc.
Many times, laws can be not right. So, if they were to say Bitcoin or Hive was a security or something, they would most likely be inaccurate. But I still want to know what the laws are even if the laws are wrong. Many laws can be wrong. I just want to know ahead of time what I'm getting myself into as life goes on.
Okay i probably dont have enough knowledge to answer this question. But last time I checked, in U.S, Bitcoin and Ethereum are not securities, this is what influences my judgement in saying Hive is not a security based on the grounds that they are decentralized with no person or company in control of them. I guess theres more to it tho...
I don't disagree. John McAfee was talking about Bitcoin is not a security. After watching the videos where he explained it, I adopted his views on Bitcoin. I would imagine that Hive and many if not all true cryptocurrencies either are or could have been not a security like Bitcoin is not.
But my question is not in regards to what cryptocurrencies are not. We can say that they are not securities. Some or most of them probably are not actually securities.
But my question is in if the law in the United States as of right now view Bitcoin, Hive, and other cryptocurrencies, as securities, shares, money, assets, items that could be taxed, etc.
Many times, laws can be not right. So, if they were to say Bitcoin or Hive was a security or something, they would most likely be inaccurate. But I still want to know what the laws are even if the laws are wrong. Many laws can be wrong. I just want to know ahead of time what I'm getting myself into as life goes on.
Okay i probably dont have enough knowledge to answer this question. But last time I checked, in U.S, Bitcoin and Ethereum are not securities, this is what influences my judgement in saying Hive is not a security based on the grounds that they are decentralized with no person or company in control of them. I guess theres more to it tho...