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 Dixon— a16z
Created: 8/11/2026, 1:29:14 AM

My Notes

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