@ElliotMalin Roberto's should have been the winner for both Nevada and UNLV lol but at least both the north and south can agree on tacos being our favorite lol
tldr: The 2022–2023 IRS Guidance Plan includes five “digital asset” guidance projects: two pertaining to tax treatment and three pertaining to broker reporting requirements.
Therefore, the ability to identify genuinely decentralized blockchains or DeFi products from those that merely give the illusion of decentralization is vital.
tldr: Genuine decentralization is a vital distinction regulators should consider.
"Ethereum’s Proof of Stake Merge and Regulatory Enforcement: Why Decentralization Matters" https://t.co/P8fdPusIQc
#EthereumMerge#Ethereum#BLOCKCHAIN#regulation
The less “decentralized” a project is, the more opportunity there is for human control and intervention, thereby making regulatory enforcement practical over an identifiable person or persons. In other words, centralized projects can and should be readily regulated.
@ElliotMalin @DaltonHooks Inquire about the publishing deadlines/format expectations. Sometimes a journal and your thesis goals do not align & another journal may be better suited for you. However, if you are flexible and just want the experience, then just prepare for long hours!
Energy consumption is not inherently bad. Using "dirty" is. Proof of work consensus mechanisms are not bad. Our global and national energy infrastructure are.
#ethereum#blockchain#energy#merge#crypto
Happy Ethereum Merge Day!
Congratulations and thank you to the devs who came together to make the switch to Proof of Stake possible. This is a monumental moment in blockchain history. I am excited for the new wave of application development for the Ethereum community.
Also, thank you to the devs who will continue to run the Ethereum Proof of Work chain (ETHW). It is still my firm belief that proof of work is a more inclusive and open consensus mechanism.
Q: When is a digital asset a security?
A: A security (or, investment contract) exists when there is the investment of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others. SEC v. W.J. Howey Co., 328 U.S. 293 (1946)
Q: Does this require case-by-case determinations?
A: Yes. "Whether a particular digital asset at the time of its offer or sale satisfies the Howey test depends on the specific facts and circumstances."https://t.co/076OXjw1WW