Is Nintendo selling unregistered securities?

[Anonymous No.55272932]

Is Nintendo selling unregistered securities?? What makes this card not a security?

[Anonymous No.55272963]

No, Nintendo is a registered company who has a giant legal team that ensures that raising capital and their shares are registered with every country they are traded in.

[Anonymous No.55273326]

>>55272963
Nintendo is a registered company, but the card is an unregistered security, there is an expectation of profit

[Anonymous No.55273491]

>>55272963
Ripple is also a "registered company", that doesn't have any bearing on whether your company is selling unregistered securities such XRP or reverse holofoil Jigglypuff.

[Anonymous No.55273508]

>>55272963
Doesn't matter. According to the SEC in their coinbase lawsuit, if you sell something that isn't as security, if you don't insure the buyer is purchasing for non-investment purposes it turns into a security and you have committed securities fraud.

If you sell pokemon cards to someone who is buying them as investments you have committed securities fraud according to the SEC.

Just like how coins who had completely, 100% legal ICOs, registered with the SEC and having followed all laws and the tokens themselves are 100% confirmed NOT securities, because coinbase sold them to people who were buying them as investments, coinbase's sales are securities.

According to SEC of course, they will lose in court many years from now.

[Anonymous No.55273516]

>>55273326
>>55273491
>>55273508
I cant tell if you are motivating yourself or are you trying to motivate third parties to not run for the exit

[Anonymous No.55273527]

>>55273516
I have no idea what you're talking about.

[Anonymous No.55273529]

>>55272932
Ohohohohhhoh nnoo nooo noo

[Anonymous No.55273543]

>>55273508
Sounds like ebay is selling unregistered securities

[Anonymous No.55273568]

>>55273543
Yep. Ebay, and anyone who sells on ebay. Also, many people buy cheap products from Walmart and resell them from profit online. Since walmart doesn't check whether you are buying their goods for non-investment purposes, Walmart is committing massive securities fraud. Walmart needs to implement purchase limits like Coinbase to make sure people aren't investing in goods if there is inflation.

[Anonymous No.55273585]

>>55273527
American lawmakers and their financiers want to kill crypto; they are attacking the weakest links, organizations that emitted stuff that could be considered securities and have to spend copious amounts of money over years that could last a decade on lawyers to proof them wrong or pay fines and fuck off from the liquid market that is the US forever; and you engage in pointless attempts to convince anons that this isn't the case.

Again I cant tell if you try to motivate others to hold the bag while you run, or if you try to convince yourself to keep holding the bag for whatever reason

[Anonymous No.55273605]

>>55273585
fuck off autist, I'm pointing out how far reaching and idiotic the SEC suite is, I'm not shilling shit

[Anonymous No.55273609]

>>55273508
That makes zero sense, my dude. Are houses securities too?
And the fact the SEC approved Coinbase to go public is the cherry on top.

[Anonymous No.55273619]

>>55273605
okay, to what point? Its pointless, so I have to assume you want others from running for the exit before the cex and off ramps close forever in the USA

[Anonymous No.55273620]

>>55272932
Arguments about what is and is not a security have been going on since the very beginning of securities regulation in the USA. What usually happens is somebody loses money on some investment and then after the fact they scream about it being securities fraud. Not so common to have the government take the initiative.

[Anonymous No.55273624]

>>55273508
Lol you are retarded, my friend

[Anonymous No.55273644]

>>55273609
According to the SEC logic yes. According to past interpretation of the laws no. Real estate, collectables, commodities, etc. have never been considered securities even if the buyers are "investment" in the general sense when buying them.

>>55273619
To shitpost? Are you asking what the point of 4chan it? Why are you here?

[Anonymous No.55273654]

>>55273644
>to shitpost
...
You are the reason social media and platform laws need to be adapted and your knind need to be kept out of it forever

[Anonymous No.55273778]

>>55273585
Who cares if it's the case? Someone wants to kill crypto, so what? Are you telling me you're actually scared that China is going to stop mining Bitcoin because some Jews are mad about it? Get a grip.

[Anonymous No.55273813]

>>55273778
Mining? That is something else. Satoshi did the smart thing and disappeared after the wikileaks episode, because he understood what he created and never touched his premine again for good reasons. The shitcoins devs on the other hand; they picked literally a fight with the hegemon on his home turf, robing his subjects for more of the hegemons shitcoins; that's suicidal, like a bunch of ants annoying an elephant until the elephant just smashes their hill

[Anonymous No.55273870]

>>55273813
It doesn't matter. Bitcoin, shitcoins, w/e, read the SEC lawsuite, they are saying that selling anything where buyers are buying for investment purposes, they are saying that sale is a security. Not shitcoins, not bitcoin. The SEC wants to establish that any good can be a security if someone is buying it as an investment. They didn't name bitcoin, they names a few coins, but they said it wasn't limited to the coins and if you read their logic it would apply to literally anything even outside of crypto. Especially in an inflationary environment where almost anything could be seen as an "investment." If the SEC wins the case, they would have total control over what people are allowed to buy.

[Anonymous No.55273910]

>>55273870
Unregistered securities

[Anonymous No.55273921]

>>55273870
There is a clear difference between btc and every altcoin; there is no foundation or dev to attack with btc. Satoshi gone, blockstream has nothing to do with btc in the way the eth foundation or other shitcoin organizations have relations to their grifts.
On the other hand, the sec, if it has the political support to act in that way, or the political landscape is too weak or divided and dysfunctional to stop the sec, Gary can do pretty much what he wants and grind everyone to dead, if it is in the end a security or not doesnt matter, the point is to kill them, and you can kill them by grinding them out of their funding until they are broke

You should not discuss legalese, you should discuss power politics and understand the situation in the USA, who has power, and what those factions interests are. They are not interested in giving up the usd for shitcoins, and will use their power to fuck you up

[Anonymous No.55273941]

>>55273813
You type like a fag and your shit's all retarded.

Nobody gives a fuck about USA retail and nobody gives a fuck about a couple of seething Jewish con artist banksters. If you discount a bunch of assets for Asia they will laugh to the bank while you're crying into your bagels.

[Anonymous No.55273951]

>>55273326
>You have to be 18 to post here
This board is a joke

[Anonymous No.55273965]

>>55273941
>Nobody gives a fuck about USA retail
I agree. What about US vcs, rich individuals, funds, corporations, shell companies, "institutions"? Do they not matter as well? Who do you think provided all the nice liquidity for you faggots to swim in? Asians? Hardly

[Anonymous No.55273992]

>>55273921
Doesn't matter, read the lawsuites. they don't give a fuck about the coin, they are going after the exchanges who sell coins, they are saying those sales are securities, its not about the coins.

>Gary can do pretty much what he wants and grind everyone to dead, if it is in the end a security or not doesnt matter, the point is to kill them, and you can kill them by grinding them out of their funding until they are broke
Not really, coinbase has the money to fight, and foreign exchanges don't really give a shit. And again, its about the exchange, the SEC hasn't done anything recently about going after shitcoins. In fact most alt coins actually do have legal ICOs these days. This is more about just smearing crypto IMO to curb adoption as part of a political agenda passed on from higher up to Gensler.

[Anonymous No.55274021]

You're a retard. A security has to be equivalent to shares in a company, where the expectation of profit comes from that companies continued delivery of work.

Blockchains that aren't sufficiently decentralised, either in terms of validation but also in terms of independent development not tied to the issuer of the crypto currency, could be considered to be attempting to circumvent their legal duties to shareholders by calling themselves a blockchain and their shares cryptocurrency when in reality, they're actually just a tech company selling a highly speculative non performant token with no real world use case, whose value is based on a ponzi scheme or greater fool. It's well within the SEC's remit to ascertain who is a legitimate cryptocurrency project and who is a security masquerading as one.

[Anonymous No.55274078]

>>55273992
>they are going after the exchanges who sell coins,
The attack vector is multiple. Gary is doing a classic pincer movement. Its against cexes, that are not licensed to sell unregistered securities or securities, and an attack on the assumed unregistered securities.
>Not really, coinbase has the money to fight,
And they are going to fight for how long? 10 years in which Gary and is successors can just grind them and grind them until they are broke or settle and do a cease and desist?
>This is more about just smearing crypto IMO to curb adoption as part of a political agenda passed on from higher up to Gensler.
Possible, sounds like a conspiracy theory. There might be hints, but not proofs and even proofing it wont do any good, because shitcoin devs and shitcoin exchanges have no reliable allies

Its fucked guys, if coinbase is smart, they cease and desist and fuck off from the US yesterday. Tactical retreat instead of being crushed and grinded like hohols in Bachmut

[Anonymous No.55274207]

>>55273965
Yeah great so NATO institutions lock themselves out of trillions of dollars in revenue which all of their geopolitical enemies leverage to bolster their economies, manufacturing, and market share of commodities. Cool strat.

[Anonymous No.55274221]

>>55272932
the fact that a jew in the defecating pedo administration isn't bothered by it, for now

[Anonymous No.55274261]

>>55274207
Wut? We are talking about public distributed ledgers, there is no value for nation states in them, the opposite. The only value internally is control over the citizens spending of units of accounts, and that is better done on closed private networks controlled by those nation states, not random third parties, let alone the citizens themselves or parties outside those nations. The only public distributed ledger that could have any value for states is btc, and that only if the current international situation and competition persists, or if smart players that don't do 5 year plans in an unpredictable environment manage to get themselves heard

[Anonymous No.55274319]

>>55274261
>Wut? We are talking about public distributed ledgers, there is no value for nation states in them, the opposite.
lol

[Anonymous No.55274325]

>>55274319
there is non. Tell me, in your opinion, what political advantage is there to have your citizens and private sector run public ledgers?

[Anonymous No.55274343]

>>55274021
Tokens can't be used as shares because ownership isn't controlled by a single entity, share ownership has to be registered by a centralized company. A token is controlled by a distributed network of peers that may or may not adopt any change the original devs propose or other people may implement changes the original devs have no control over. Tokens are clearly, 100% commodities and the SEC has conceded that in court. No token has even been declared a security, only ICO or similar where devs take money before the protocol or tokens even exist, that transaction is obviously more like a security.

[Anonymous No.55274407]

>>55274343
you are discussing legalese when those that did what you are telling, like xtz decided, it isn't worth to get grinded by the sec and throw millions into a meatgrinder, when one can simply settle and piss off from the US market. Only lbry tried, got fucked and xrp has enough crazy people funding them trying their luck, while being delisted on US cexes

[Anonymous No.55274596]

>>55274325
I don't care about your social credit score digital currency control meme, my point is any power hungry goblin in their right mind is not going to leave money and international influence on the table. They will make the money to gain power or they will let someone else make the money to gain power. US citizens don't even enter the equation. "US" banking institutions and market makers will participate in BTC even if they bar their citizens from participating because they have no choice. Therefore BTC is not going anywhere, and if BTC floats then other cryptocurrencies float. Whether mutt retail can buy them or not.

It's entirely conceivable that mutts are disallowed from participation in crypto and corralled into a digital or more weaponized version of a traditional banking system that freezes their accounts if they didn't suck a trannies dick or whatever. Who cares. US backed institutions must still compete for crypto market share, they cannot ignore it. It's not going anywhere until global societal collapse occurs.

[Anonymous No.55274625]

>>55274596
Lemme guess, 2015, considering himsel ""old"" fag. The game has been for the past 14 years
>create shitcoin
>sell shitcoin to fund marketing to burgers
>dump on burgers
No burgers to dump on

[Anonymous No.55275507]

>>55272932
they paid the kikes service fees by programming trannyism and gay propaganda in their games to support the regime so they are on the goodgoy list

[Anonymous No.55275621]

>>55273508
that's not how the law works retard it's not black and white

[Anonymous No.55275665]

>>55275507
Still sad Ash never cross-dressed in the XY anime...would have been cool to see with the animation style of those seasXWP2XTons.

[Anonymous No.55275671]

>>55275665
*seasons

[Anonymous No.55275688]

>>55273543
Yeah sounds like that to me too, idk why some crypto exchange with money doesn't just pay some broke lawyer to sue the poorest mom and pop they can find and bring attention to the SEC's moves in a way that ordinary people would understand and immediately think was retarded

[Anonymous No.55275788]

>>55272932
The expectation of profit for Pokemon cards is not derived from the future efforts of Nintendo (derived from the efforts of others) so does not pass the Howey test.

[Anonymous No.55275822]

>>55275788
The value of the cards is highly dependent on The Pokemon Company continuing to keep a strong brand interest going among consumers. Also you could argue that eg. By buying a Pikachu card, you are betting that they will continue to feature Pikachu heavily in marketing, anime, advertising etc

[Anonymous No.55275829]

>>55273508
The difference is that WOTC and Nintendo didn’t keep 30% of first edition Charizards and shill them with mmarketing teams as investments, offer a yield on them, or sell large amounts to retail buyers for markups.

The crypto problem isn’t a matter of securities anyway. Staking caused this by offering a better return than banks were offering, risking damaging the infrastructure they worked so hard to build, so “they” had to send the SEC.

[Anonymous No.55275832]

>>55275822
>The Pokemon Company continuing to keep a strong brand interest
not really. All that is needed is nostalgic morons dreaming of world that has long been gone and telling themselves it was better before, while shelling out their units of accounts to grifters exploiting that nostalgia

[Anonymous No.55275853]

>>55273910
where do I get top left?

[Anonymous No.55275869]

>>55272932
>Is Nintendo selling unregistered securities?? What makes this card not a security?

It's not a promise to pay.

[Anonymous No.55276589]

>>55275832
Wow you are so le edgy and cynical, I wish I could be cool and hate everything like you

[Anonymous No.55276606]

>>55276589
Where do you see hate? It's just a brutally honest unfiltered reflection of reality. Sorry I don't fake sunshine and rainbows out of my ass putting sand in people's eyes to blind them. Just not my style.

[Anonymous No.55276768]

>>55276606
>dude you like Pokémon? What are you some kind of nostalgic moron?
>for me it's Adolf Hitler

[Anonymous No.55276835]

>>55276768
Nostalgia is a worthless feeling. If some faggot wants to let himself fleece by what amounts to a scammer in expectations to feel again like a child giving him 10000s of dollar for a trading card that cost a few penny in production, yes that's moronic. He won't feel like a child and it won't bring the world he is nostalgic for back. He just gave some scammer a bunch of cash. Doesn't require the company that produced the card to do anything it doesn't need to exist anymore.
Also what has Hitler to do with this?

[Anonymous No.55276846]

>>55272963
Fuck off

>>55272932
I KNEW IT ALL ALONG. REPORT THEM TO THE SEC

[Anonymous No.55276851]

>>55276835
When I want to feel like a child I diaper myself and then defecate in the diaper

[Anonymous No.55276855]

>>55276846
Kek. What an idiot you are.

[Anonymous No.55276874]

>>55276851
You are just a pervert.

[Anonymous No.55276878]

>>55272932
How are sports cards not a security? They are even worse! A rookie card comes out with a signature and people overtly buy it as an investment hoping the player does well, in concert with the league and the card manufacturer (Upper Deck or whatever) so they can sell it for more later. Investment of money in a common enterprise with an expectation of profit from the efforts of others. Literally fits the Howie Test.

[Anonymous No.55276888]

All you niggers really suck at narrative creation, neo linguistic programming and memeing
And I thought jews are good with speech
Just a jewish lie

[Anonymous No.55277394]

>>55276888

[Anonymous No.55277417]

>>55272932
>sold to fund business and development
>cards like these have a history of price appreciation going back decades
>company promises to keep growing (expectation of profit)

According to the new standard laid down in the Binance and Coinbase lawsuits, these cards are securities.

>>55273516
>>55273951
He's 100% right.
He isn't talking about Nintendo stock, he's talking about the trading cards.

[Anonymous No.55277425]

>>55277394
Shouldn't that thing have 5 eyes. But seriously, you need to train your people better. Every random shitposter takes the piss at these operations

[Anonymous No.55277444]

>>55276768
Based, I say this and greentext this

[Anonymous No.55277537]

lmao butthurt shitcoiners trying to rationalize their bags aren't securities

this is a new low, comparing their companies and shitcoins to nintendo and pokemon cards

ahahahahahaha

[Anonymous No.55277557]

>>55277537
If "selling things you made to fund development" is the new standard for securities, then literally anything can be a security.

[Anonymous No.55278131]

>>55277537
Its a poor attempt at creating false relations. A form of really poor applied behaviorism that simply doesn't work on a board with only people left, that use these techniques themselves for a decade and longer; just not for the malicious self serving purposes these social media mouth breathers use them for, but for fun

[Anonymous No.55278392]

>>55273910
Now this is based

[Anonymous No.55278428]

>>55275829
Wasn’t FTX offering the best returns in the market before it went under?

[Anonymous No.55280651]

Is vintage still pump worthy if I buy some cards and hold onto them now?

[Anonymous No.55280845]

>>55272932
Pokémon cards have no reasonable expectation of profit. They don't do anything. Nintendo cannot update them. They are sold for consumption/entertainment only. The only thing Nintendo can do is print more to devalue your cards.
/thread

[Anonymous No.55280903]

>>55277417
>cards like these have a history of price appreciation going back decades
Yes but not do to the work of Nintendo.
>Company promises to keep growing (expectation of profit)
Yes profit for shareholders not cardholders

[Anonymous No.55281015]

>>55280903
>Yes but not do to the work of Nintendo.
lol what?
Nintendo kept developing the IPs behind the cards, thus directly increasing the desirability of the cards.

>Yes profit for shareholders not cardholders
The cards go up in value due to the efforts of Nintendo, so yes the cardholders.