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David Hoffman

๐Ÿ‘ค Speaker
2256 total appearances

Appearances Over Time

Podcast Appearances

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

And on page 14, I believe, they named some assets specifically.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Okay.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

So, Aptos, Avalanche, Bitcoin, Bitcoin Cash, this is all alphabetical.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Cardano, Chainlink, Dogecoin, Ether, Hedera, Litecoin, Polkadot, Shibuino, Shibuino, Solana, Stellar, Tezos, and XRP.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Those are the assets by name that are in this category of digital commodities.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

That's right.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

And these are all not securities.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

That's the first category under CFTC jurisdiction rules.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Which is great because they're like, CFTC, this is your guys' problem.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

We don't want this.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Mike Selig, we talked to him.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Everything that's not a security is a commodity, right?

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

And so this is not a security.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

So therefore, all of our decentralized digital commodities are commodities.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

What's the next category?

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Gensler was so unable to answer this question as to whether tokenized Pokemon cards are securities or not.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

He was flummoxed by it, but Paul Atkins, he's just like, yeah, these are...

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

not securities.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

The next is payment stablecoins.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

These are also not securities.