“Are there any misconceptions about how the law applies to crypto, or how your decisions should be interpreted, that you wish you could get across?
One misconception is that the judges can't understand this technology — we can. And that’s not just judges, it's anybody. People have these views in two extremes. It’s either that “crypto is fake, it's not real,” or “it's so technical that you can't understand it.” And my takeaway, as I’ve discussed and as hopefully comes out in my opinions, is just that crypto is understandable. It’s just like money — it has value, it's used, it’s what people think it is.”
https://www.protocol.com/fintech/magistrate-judge-cryptocurrency-decisions
@nsarwark Two big differences, however:
(1) Crypto advertises itself as both a currency *and* an investment.
(2) Crypto is a net negative on our economy, eating endless electricity, a tangible commodity, for no real gains.