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#4 - The Winklevoss Twins and Balaji

The Network State Podcast

CHAPTER

The Importance of Clearing Up Cryptocurrencies

The only thing that US regulators seem to agree on is that Bitcoin is a commodity, but they won't agree on any other crypto. And so the question is with Ether, even if it did start off as a security, let's say it did and then 10 years later, is it still the same Ether? Right. The world still doesn't know the answer to that question because it's being adjudicated right now in a US court. That judgment may come down and it may say that it's a security, but it very well may say it's a commodity. So this idea of come in and comply, comply to what? It makes no sense. There's no vibrant market with

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