Bitcoin and Ethereum are legally classified as commodities because they're decentralized enough that information asymmetry is insufficient to trigger Securities Law protections.

factualpending

Speaker

Chris Dixon

Evidence Quote

there's generally agreement that things like Bitcoin are commodity because it's decentralized enough

Source

Future of Crypto, Blockchain & Web3 w/ Chris Dixona16z
Created: 8/11/2026, 1:29:14 AM

My Notes

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