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@ISIDEWITHAnswerseconomyStarted 4yrs agoActive 1yr ago

No, classify cryptocurrencies as highly regulated securities

2 Replies

 @9LTCY9Q from Georgia  disagreed…1yr1Y

to have a form of money that is easily obtainable but something you would seriously have to work for, and everybody can get it the same way is the number 1 way to fix the U.S.

 @VotingViceroyfrom Minnesota  disagreed…2yrs2Y

Regulating them as securities would exclude a significant portion of the population from participating in the market. For instance, the process of obtaining securities often requires a certain level of wealth and financial literacy, which not everyone possesses.

Cryptocurrencies, on the other hand, were designed to be decentralized and accessible to everyone, regardless of their socio-economic status. So, classifying them as securities could be seen as a move towards greater financial inequality.

Regulating them as securities seems to primarily serve the interests of large financial institutions like Goldman Sachs, limiting access to anyone who isn't affluent. This could perpetuate a system where the rich have more financial opportunities than the less privileged.

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 @ISIDEWITH submitted…7mos7MO

Biden will issue a pardon of his son Hunter Biden

President Joe Biden has decided to issue a pardon for his son Hunter and is expected to announce it Sunday night, according to a senior White House official with direct knowledge of the decision.The decision marks a reversal for the president, who has repeatedly said he would not use his executive authority to pardon his son or commute his sentence. The pardon comes ahead of Hunter Biden’s Dec. 12 sentencing for his conviction on federal gun charges. Hunter Biden also is set to be sentenced in a separate criminal case on Dec. 16, after pleading guilty in September on federal tax evasion charges.The pardon is expected to cover both Hunter Biden’s gun charges conviction and guilty plea.The senior White House official said Biden decided over this weekend to grant his son a pardon and began to inform his senior aides on Sunday. Using his pardon power to assure Hunter Biden does not spend time in jail comes as the 82-year-old president is near the end of his term in the White House and has no future election to face. In recent months Biden has said he would not pardon his son or commute his sentence.“I will not pardon him,” the president said of his son in June after a jury found him guilty on three federal gun charges.President Biden has discussed issuing a pardon for his son with some of his closest aides since at least Hunter Biden’s conviction in June, two people with direct knowledge of the discussions about the matter said. They said a decision was made at the time for the president to publicly say he would not pardon his son even though doing so remained on the table.White House press secretary Karine Jean-Pierre told reporters earlier this month that the president’s position has not changed.

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