SEC is Coming For NFTs!! Which Projects Are Next?!
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Top Comments (10)
Absolutely ridiculous! Soon my kids PokΓ©mon cards will be a security according to the SEC. The legislature is asleep on the job in America.
Did you guys enjoy our guest appearance? It wasn't easy getting him on... Don't forget to follow us on our socials for all the content that you are missing here π https://guy.coinbureau.com/socials/. You also have to check out our deals page where we have over $40,000 in bonus airdrops on offer π http://www.coinbureau.com/deals
"If they're allowed to make money, how will they be protected?" I can't help but feel that is an actual quote from GG...
How much does it cost to register a security anyway? And why aren't consumers allowed to purchase unregistered securities? Isn't it their money to spend? Even if they are about to be scammed?
I worked for a very wealthy fine art dealer back in the 90βs. It was a great way to launder money. You set up an auction house in Europe that you own. Hold legit auctions along with the shady ones. You buy a fake artifact for a huge amount, wait a year to discover itβs fake, use that as a write off/loss. Put the money you bought it with into a numbered Swiss account. I know the Swiss donβt do that anymore, but the NFTs is an up and coming way to take its place.
Dang government and their quest for more power π€¦ββοΈ
More office hours with AI Gensler please. Revolutionary! π
Ethereum seems to be going through a rough patch. Arenβt most NFTs on Ethereum?
Gary out here grasping at strawsπ€£π€£π€£
well, Impact Theory is now in the Coine Bureau universe
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Top Comments (10)
Absolutely ridiculous! Soon my kids PokΓ©mon cards will be a security according to the SEC. The legislature is asleep on the job in America.
Did you guys enjoy our guest appearance? It wasn't easy getting him on... Don't forget to follow us on our socials for all the content that you are missing here π https://guy.coinbureau.com/socials/. You also have to check out our deals page where we have over $40,000 in bonus airdrops on offer π http://www.coinbureau.com/deals
"If they're allowed to make money, how will they be protected?" I can't help but feel that is an actual quote from GG...
How much does it cost to register a security anyway? And why aren't consumers allowed to purchase unregistered securities? Isn't it their money to spend? Even if they are about to be scammed?
I worked for a very wealthy fine art dealer back in the 90βs. It was a great way to launder money. You set up an auction house in Europe that you own. Hold legit auctions along with the shady ones. You buy a fake artifact for a huge amount, wait a year to discover itβs fake, use that as a write off/loss. Put the money you bought it with into a numbered Swiss account. I know the Swiss donβt do that anymore, but the NFTs is an up and coming way to take its place.
Dang government and their quest for more power π€¦ββοΈ
More office hours with AI Gensler please. Revolutionary! π
Ethereum seems to be going through a rough patch. Arenβt most NFTs on Ethereum?
Gary out here grasping at strawsπ€£π€£π€£
well, Impact Theory is now in the Coine Bureau universe