The SEC argued that unlike collectibles, when a crypto token is purchased, the owner is invested in the network or enterprise behind the token.

Coinbase tells judge that buying crypto is just like collecting Beanie Babies::The SEC argued that unlike collectibles, when a crypto token is purchased, the owner is invested in the network or enterprise behind the token.

  • naeap@sopuli.xyzEnglish
    31·
    10 months ago

    I’m currently thinking about what I should do with my monero. How do you pay daily stuff with it?

    • shortwavesurferEnglish
      31·
      10 months ago

      Currently coinsbee a lot and a few of my friends will accept it as payment

    • Hestia@lemmy.worldEnglish
      1·
      10 months ago

      I find it harder to actually get more monero than it is to spend it.

      Cakewallet (a wallet app for Monero and other crypto) has a giftcard service that I’ve used before. It works well, but it was down for a little bit because of regulatory concerns.

      Monero is also pretty easy to convert to other Cryptos on non-kyc exchanges, so if a vendor accepts another crypto (USDT for example), it’s usually pretty easy to swap back and forth.