The SEC cannot give a straight answer and this explanation on if ETHEREUM is a security or not is even stranger. Plus, we go over Bitcoin energy and some concerning figures regarding the traditional markets.

    AARON BENETT VID – https://www.youtube.com/watch?v=_dG0_uvVdtg&t=543s

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    41 Comments

    1. That Broadway ticket example sounds like every Go Fund Me campaign is peddling a security b/c you’re funding in the hope of the product coming to market yet once it’s in production it’s a product and not a security. Seems like the SEC needs to close down GFM….

    2. Jay Clayton has no integrity. What he says should be seen as “for the Banks!” Same as Gensler. They are producing what I have termed for years as “weasel wording”. Done to distort the true meaning and promote misunderstanding to cause a problem that requires a lawyer! That’s why lawyers get their bad name. Not all do this, just folks like Bill Clinton, Bill Hinman, Jay Powell, Obama, … I think you get my point. I’m hopeful that Judge Torres finds a clear determination.

    3. Ethereum is like the Shubert Theatre in NY, many plays are done there and have different show producers that have nothing to do with one another ( like projects built on ETH ) and they compete with one another in hopes in producing a better show that has better ROI. So the show/play is like a project on ETH, and ETH is the Shubert Theatre with the means to allow producers to create a show using the Shubert Theatre's facility, staging etc. Also if Shady Clayton believes this then all film financing/investing is a security too. That's done months to many years before a script or principal photography even starts. Look forward to more Flexa/AMP news and continued showing of your interview with Spalding. When is the next interview clip?

    4. One thing is sure. Bitcoin is not a security. Even uncle Gary says that. So that should tell you everything you need to know. I want a digital asset for one thing. Storing value. I don’t need anything else. So I don’t need 10k coins trying to solve a problem that Bitcoin already solved. They are only distracting people from the mission at hand. A decentralized money that no government can control or print more of. People that cant see that are the problem. I still think people should be able to gamble or “invest” their money how ever they want though, but I think people should realize that we are in a financial revolution and should want to be part of the solution.

    5. Im a permabear so i like when you're bearing. Unlike james he is always bullish its annoying. Italwys feels like he is trying to scam me or something. Maybe dump on me?

    6. Clayton's action to slam Ripple and claim ALL sales of XRP from past to present, EVEN IN THE SECONDARY MARKET shows his hypocrisy. He also didn't do jack to create any clarity. I don't think Clayton is anyone to use as a guiding light towards securities clarity in our industry.

    7. He means that if you bought the tickets in advance, and this precluded others from buying them at the execution time, and sold them at a higher price… It is no longer utility

    8. His (JC's) analogy was pathetic and nonsensical If he had said early investors were promised a % of future tickets sales he may have had a point.

    9. I promptly did some research on Monica’s past. She can control herself well. Her credentials are solid, and it seems like she was the subject of a careful examination. Foreign investors from countries other than the United States can also use her services

    10. so you were bearish during the sell off, then we make a run and you become bullish, then the market dumps and you’re bearish again. But as you say, “hey I could be wrong”

    11. Dude im about to start my own hive. i wanna cross breed some Russian honey bees because they can survive in the winter I live in New York and if I could hybridize some Buffalo bees and Russian honey bees we could make a special winter honey never see before!!!! God bless USA and Mother Russia!!!

    12. Nice video, love how you take your time to educate your viewers,you gave me the insight to invest my savings now I have made returns worth over 250k USD now and still counting, I am having a good life and it's nice… I'd really implore anyone else to do same

    13. 3:30 The Broadway ticket has utility and, potentially, investment value if the retail price of the ticket is higher than the value was at issuance, before the play was produced. Early investors in the play could sell their tickets on the secondary market, at a profit. Ditto for Etherium (which is an ongoing "Broadway show", to complete the analogy), especially since unlike the broadway show, the Etherium show isn't even completed yet – plans for new features and developments are constantly being announced by the founders/company. Hence, you are investing money in a common enterprise with the expectation of profit from the work of others.

      I think this is where Jay Clayton is going with his comparison.

    14. Stupid analogies don't count and that is one… Broadway tickets… 😂😂😂 Guess you gonna say anything so people buy, so you can sell…

    15. Starting early is the best way of getting ahead to build wealth, investing remains a priority. Even in a downtrend, the stock market/crypto has plenty of opportunities to earn a decent payout, with the right skills and proper understanding of how the market works.

    16. Dan, TRADFI consumes more electricity than DEFI. It is obvious, traditional financial systems have building maintenance, utility, accountants and personnel in various departments who commute to work, consume food and fuel to provide financial services that is limited to banking hours. It's IT Department requires constant software updates, hardware replacement, patches, fixes, and a team of people to maintain it. We haven't even touched on an HR Department, legal, execs, and etc. Crypto energy consumption pales in comparison to traditional financial system.

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