3min chapter

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#307 – Brian Armstrong: Coinbase, Cryptocurrency, and Government Regulation

Lex Fridman Podcast

CHAPTER

Cryptocurrencies - Is There a Legal Test?

The securities laws in the US need to be clarified about what there's crypto is many different things. Some cryptocurrencies like Bitcoin, Ethereum and many others are probably more like commodities. They're not controlled by any one person. And so, I think that there's a very unhelpful point of view out there by some folks which is, hey, this is all most of this is like bad activity.

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