Ethereum is "clearly," security says Michael Saylor


Michael Saylor, CEO of MicroStrategy and a supporter of Bitcoin, reiterated his claim that BTC is the only commodity in the cryptocurrency market by stating that Ethereum is "clearly" security.

Saylor was questioned about his opinion regarding the classification of both BTC and ETH as commodities during an interview with Altcoin Daily.

Saylor said, “I think Ethereum is a security, I think it’s pretty obvious, it was issued by an ICO, there a management team, there was a pre-mine, there’s a hard fork, there are continual hard forks, there’s a difficulty bomb that keeps getting pushed back.”