The judgment of XRP is quite funny. It is considered a security when sold to institutions, but not a security (a commodity?) when sold to retail investors on exchanges. This is a blatant protection for the coin project party and investment institutions, and a disregard for retail investors. So if the coin you bought goes to zero, the project party and investment institutions bear no responsibility, and acts like AAVE's buyback to reward stakers is shareholders' charity? In that case, maybe there is no coin worth owning other than BTC. Rationally speaking, I truly believe that considering coins as securities is a protection for coin buyers.
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The judgment of XRP is quite funny. It is considered a security when sold to institutions, but not a security (a commodity?) when sold to retail investors on exchanges. This is a blatant protection for the coin project party and investment institutions, and a disregard for retail investors. So if the coin you bought goes to zero, the project party and investment institutions bear no responsibility, and acts like AAVE's buyback to reward stakers is shareholders' charity? In that case, maybe there is no coin worth owning other than BTC. Rationally speaking, I truly believe that considering coins as securities is a protection for coin buyers.