Read_754 - Bitcoin Is Not Crypto, The SEC Confirms

Published: Aug. 4, 2023, 6:03 a.m.

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"Talk to a\\xa0bitcoin maximalist\\xa0\\u2013 someone who believes that bitcoin is the only digital asset with innate value \\u2013 and, more likely than not, they\\u2019ll tell you the world\\u2019s oldest cryptocurrency is, in fact, \\u2018not crypto\\u2019 at all.

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The refrain can be confusing: clearly, bitcoin pioneered the use of cryptography \\u2013 an ultra-secure type of encryption \\u2013 with the aim of creating a digital currency. Bitcoin is the archetypal crypto.

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And yet, in the context of how the digital asset marketplace has evolved since 2009, when bitcoin was created, it\\u2019s easy to see why maximalists distance themselves from the more generic term" \\u2014 Martin Leo Rivers

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Today we cover some interesting developments from the regulatory landscape. The SEC has officially made statements suggesting that everything in crypto except Bitcoin, is in fact, a security. What does that mean for the space in general, and why is this refrain so common among bitcoiners? Find out in today\'s read and Guy\'s take.

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Check out the original article: Bitcoin Is Not Crypto, The SEC Confirms

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A huge thanks to our sponsors, and don\'t forget to check out the offers for the listeners of this show!

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"Life without liberty is like a body without spirit." \\u2014\\xa0Kahlil Gibran

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