2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E77: Tech work culture, crypto regulation, stablecoins, $NFLX & more w/ Coinbase CEO Brian Armstrong

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Is a Utility Token a Security?

The leader in the industry, i actually define it whit's your definition. What would you make the test for this is a utility token versus specula speculative? Ah, security? Because that seems to be the one that's really hard for people to figure out. So every start up right now in the space has basically had to hire a bunch of expensive lawyers to go teas apart these old, old rules and try to understand where they're falling.

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