Leister

All they're doing is taking what used to be free and making you pay for it.

So I don't think highly of Robin hood.

I digress the clarity act.

Then, uh,

classifies these in categories that are designed to be clearer, but it takes it a step further by then identifying certain points in time that a certain category applies for a certain asset class.

So the first, every thing, this gets confusing, but everything's going to fit into number one, which is digital commodity.

Their definition of digital commodity to me is somebody that didn't understand.

And I get what they were trying to do, but I think it just muddied the waters.

At the end of the day, they say it is a digital commodity if it's ultimately linked to a blockchain.

So that tells you any sort of, and it's talking about assets when I say anything, an asset that's linked to a blockchain.

Well, that's pretty broad, right?

However,

They later go on to exclude securities.

Well, that gets ambiguous, right?

Because a security is something that the sec creates their own definition for.

We'll talk about that in a second derivatives.

So derivatives trading, you know, ETFs and that sort of thing.

I think that makes sense, right?

Because these can be their packages of assets.

The assets are tied to blockchain, but the derivative is not blockchain.