/biz/ - Business & Finance

Coinbase

Cool story swinglinker

>>14259166
Coinbase cannot list security tokens. RETARD

>>14259148
>US citizen
>have money
Not really they have a lot of debt if anything

>>14259192
Good thing link is not a security

>>14259218
But it is actually

>>14259148
DEX to Eth, Eth to Monero, Monero to new home in Uruguay.

>>14259225
Thank you SEC insider

>>14259218
It is. This is the reason to manage it from Cayman Islands.

Sergey is being watched closely by feds.

>>14259148
What is this low IQ fud? Link will be listed on Binance US, Coinbase, and every DEX.

Coinmetro

>>14259271
How do they even decide what is a security and what's not?

>>14259148
Back in the day we all used to buy on EtherDelta before Binance listing. Can't you still do that?

>>14259410
Howey test

>>14259148
>Who will buy your $1000 EYE bags if LINK cannot be listed in any US exchange and burgers cannot buy it in Binance
The rest of the world I guess

>>14259456
Yes, random guy will have $10m BTC in a DEX to made me rich

>>14259148
>can’t buy
>can’t sell

bullish

>>14259496
If burgers can't buy or sell on CEX they will move their business elsewhere. I doubt it will just be one guy.

>>14259466
Jew-ey test

>>14259466
it is an investment of money

The investment is in a common enterprise

There is an expectation of profit from the work of the promoters or the third party.

So it IS A SECURITY. No CB listing.

>>14259573
Thank you SEC + Coinbase insider

>>14259600
I'm a marine and its obvious. We need decentralization to not be a security which most likely will not happen in its entirety.

>>14259573
One buys LINK with the expectation of profit, but not in the form of dividends / passive income. A LINK stack is more akin to a license which allows you to participate in the Chainlink business model, and EARN rewards for WORKING by providing access to valuable data streams. Simply OWNING LINK entitles you to NOTHING but the RIGHT TO WORK. Therefore it is not a security.

>>14259647
>It's obvious
The rallying cry of the oblivious retard

>>14259573
Retard alert. The expectation of profit has only been said by people on 4chan. Quote me one sentence from Sergey or a team member ever discussing price

>>14259692
I hope you're right!

>>14259692
>>14259751
why did they sell the "rights" 2 years before it's ready? Also using funds raised to fund the start up of your enterprise is another part of the Howey test.

Chainlink objectively failed the Howey test for a full 2 years, and probably most likely still does.

Only deluded brainlets disagree.

>>14260001
Thank you SEC insider. Shame you're just an intern

>>14260001
To be honest, I really pity burgers. The smell of sour grapes is especially strong with this one. Glad to be Europor

>>14259573
>plebbit spacing
Your dumb and WRONG opinion has been discarded.

>>14260075
You'll never make it without burgers

>>14260095
Not true. There are literally billions of other people outside of your country. Besides, dedicated burgers will still find a way to acquire LINK.

And I almost forgot: accredited investors aka big money can still take part :^) Looks like your overlords don't want you to escape poverty. A sad tale indeed.

>>14259148
Google wagecucks will get LINK bonus instead of stock options

>>14260160
mfw I'm technically an accredited investor due to inheritance

>>14260160
>>14260208
LINK was originally sold to only accredited investors. The problem is it's illegal to create an unregistered security and allow your accredited investors to resell it to retail investors. Creating an unlocked ERC20 is doing just that, and it's fully illegal. In a fair world, Sergey would be in jail

>>14260001
>Howey test.
PASS

>>14260268
>In a fair world, Sergey would be in jail
Fucking SEC, making the word unfair to all

>>14260268
I'm american but fuck america who cares theres tons of money outside america. moving to europe post singularity lets get these euro bucks baby. If the SEC wants to cuck us from being a part of the fourth industrial revolution then thats fine, real marines are loyal to SERGEY not uncle sam, we will MOVE and protect sergey from extradition by forming a small militia/naval force and buying a private island

>>14259573
>There is an expectation of profit from the work of the promoters or the third party.
This is only implied

>>14259692
that would be the logical way to think about it but the SEC is autistic. So since it had an ICO and people bought expecting higher valuation on link in the future it's a security in their eyes.

>>14260208
>tfw I'm technically an accredited investor when LINK moons

>>14260368
Sergey already has a "defence in depth" approach...

If BAT is on coinbase, link will most definitely be on coinbase.

Don't be a brainlet. Read and use lawyer brain.

>Whether a certain investment is considered a security is important, because designation as a security means that the investment is subject to certain registration requirements. In general, all securities offered in the U.S. must be registered with the Securities and Exchange Commission (SEC), although there are some exceptions. A company offering securities that are not exempt must register them, a process that also involves disclosure of certain information, including:

A description of the company's properties and business purpose
A description of the security being offered
Information about the company's management
Financial statements about the company, certified by independent accountants

https://consumer.findlaw.com/securities-law/what-is-the-howey-test.html

>>14259573
No, the expectation of profit is from running a node. That’s why the tokens were sold, so people could run nodes. Not so that they could speculate on the token value.