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0 pointssosuke2y ago0 comments

Is the relationship pretty much ICOs or tokens are a security and older options are like gold?

ie: BTC, LTC, Monero are gold but an ERC20 token is a security and Cardano is a security because it was an ICO? I don't know off hand if Ethereum was an ICO.

I keep thinking this but I can't remember seeing anyone suggest that each coin could be categorized differently. Is it possible we ended up splitting the crypto currency market into multiple groups?

0 comments

ericpauley2y ago

It comes down to the Howie test. Matt Levine has written a fair bit on this: https://www.bloomberg.com/opinion/articles/2023-02-13/the-se...

latchkey2y ago

> but an ERC20 token is a security

What is WETH then?

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