this post was submitted on 19 Jan 2024
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117
Coinbase tells judge that buying crypto is just like collecting Beanie Babies (finance.yahoo.com)
submitted 10 months ago by L4s to c/technology
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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.

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[–] Hestia 1 points 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.