I own some ETH and am not a BTC Maxi, so be respectful. I have heard arguments from crypto skeptics and BTC lovers that ETH (and all cryptos except for BTC) are unregistered securities. Let's focus on ETS for this post. There is a solid argument for ETH being an unregistered security. Here are some reasons why
- Vitalik held an initial sale
- Vitalik and the founders gave themselves coins prior to the initial sale
- ETH staking is an investment where the investing public anticipates profits
What are your OBJECTIVE thoughts? Is ETH an unregistered security?
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