MicroStrategy CEO: ETH is a security, BTC is the only commodity

07/10 11:15

ETH is a security because it was issued through an ICO, it has a management team, it has a pre-dig, it has a hard fork, it has a continuous hard fork, it has a difficulty bomb that keeps getting pushed, And its network has undergone many fundamental changes over the years. For a digital asset to be classified as a commodity, it needs to be backed up by completely decentralized protocols, and no one can change it even if they want to. BTC is a commodity. Because the core of the bitcoin network cannot be changed, just like the physical composition of gold.
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