RE: Bitcoin - A War is Coming...

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Bitcoin - A War is Coming...

in bitcoin •  6 years ago 

My fear is bitcoin is classified as a security, therefore putting it in the hands of the SEC. Effectively stripping it of all that is good about it. It makes it centralized?

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The SEC already came out and said bitcoin is not security.

Please give me a reason to believe this can't happen.

The fact that the SEC said several months back that bitcoin is not a security is a pretty good reason to believe they won't reverse course on that. Many of the others are and will be, not bitcoin though.