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Comment by jvanderbot

4 months ago

The analogy to cash feels a bit strained. There's a difference in backing, don't you think?

1 comment

jvanderbot

Reply

Saline9515  4 months ago

I was referring to the Howey test, that is used to determine if an asset is a security: https://www.findlaw.com/consumer/securities-law/what-is-the-...

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