utility tokens
2 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Oct 9, 2021 by Jason Calacanis · across every show →
Everything said about utility tokens, oldest first
Oct 9, 2021 positive
Calacanis agrees SEC should regulate utility tokens as speculative investments
“Utility tokens with, you know, laundry mat tokens or tickets to the opera, and he said entrepreneurs are choosing to perceive their tokens as utility to sidestep regulation and that, here's the quote, they are highly speculative investment tokens for people wh…”
Apr 23, 2022 negative
Sacks: Applying securities laws to utility tokens would destroy their functionality
“And if you were to subject them to securities laws, And impose KYC and accreditation. You have to go through all these hoops just to add one to your wallet. It would destroy the potential functionality created by these systems.”