Https://Twitter.Com/SmallCapScience/Status/1533108677262991360?T=VoNbmmtUpA4fiUQhKil2RQ&S=19 new legislation may make most altcoins be considered a

Question

Https://Twitter.Com/SmallCapScience/Status/1533108677262991360?T=VoNbmmtUpA4fiUQhKil2RQ&S=19 new legislation may make most altcoins be considered a

security. I know Telos is ahead of this compared to other L1 but even Eth may be in trouble. What are you thoughts on this guys? @DAPPerD @foflexity

#blockchain #cryptocurrency #english #telos

0

04.06.2022

8 ответов

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Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

If you look at the text here, you'll see that it seems to require some kind of investment contract to make the coin a security. That would be an ICO or similar. Telos never had one. Also, a security means that investors look to some other entity to build value in the investment. Who is an investor supposed to look to with Telos? GoodBlock? CalEOS? Kanda Weather? No one could successfully make such a case in my view because any single entity could walk away and Telos would continue to operate the same. https://twitter.com/SmallCapScience/status/1533108714017722369?t=d4XN1yHCipQ0O4kyFE4xig&s=19

0

04.06.2022

MM DOOM

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope
If you look at the text here, you'll see that it s...

It was drafted by a bunch of BTC maxis, which is part of the reason for the language

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05.06.2022

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

MM DOOM
It was drafted by a bunch of BTC maxis, which is p...

Indeed. But unless they specifically call out Bitcoin, which laws generally don't do, we're probably good. Laws describe what's okay based on traits not names and it will be hard to make bitcoin okay and not Telos by the same rules.

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05.06.2022

Arkq Автор вопроса

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope
I shared my thoughts on it: https://twitter.com/Do...

Thanks Douglas! Eventually people will realize how important this is and learn about TLOS

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05.06.2022

D V

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope
I shared my thoughts on it: https://twitter.com/Do...

Isn‘t telos running on Etherum? So it will also go down? (I think that I‘m understanding something wrong) would appreciate an answer

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05.06.2022

Jesse | Telos

D V
Isn‘t telos running on Etherum? So it will also go...

We have a bridged version of the TLOS token on Ethereum for trading on Sushi/Uniswap

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05.06.2022

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

D V
Isn‘t telos running on Etherum? So it will also go...

Telos is it's own L1 chain, though there are some bridged tokens on other chains to improve liquidity for holders.

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05.06.2022

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope · Accepted Answer

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

I shared my thoughts on it: https://twitter.com/Douglas_Horn/status/1533137529712496640?t=6BTW_AmElteSV4N250sz6w&s=19

0

04.06.2022

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Https://Twitter.Com/SmallCapScience/Status/1533108677262991360?T=VoNbmmtUpA4fiUQhKil2RQ&S=19 new legislation may make most altcoins be considered a

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