Billy Markus, a co-founder of Dogecoin (CRYPTO: DOGE), stated on Monday that if Bitcoin (CRYPTO: BTC) isn't considered a security, then Dogecoin should be treated similarly.
What took place: Jason Calacanis, a digital investor and entrepreneur, claimed that "if people had just treated s**tcoins as securities, we would have spared 10 straight tiresome crypto arguments over Thanksgiving dinner," to which Nakamoto replied on Twitter.
This declaration follows Gary Gensler's Sunday interview with New York Magazine, when he classified all cryptocurrencies other than Bitcoin as "securities."
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In response to Jason's tweet, a co-founder of Dogecoin stated that "if bitcoin isn't a security then dogecoin shouldn't be either." He also added that "dogecoin was designed for lulz with no premine, no sales, and no one regulating it."
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the amusing thing about this based cal statement is dogecoin (the OG shitcoin) was made for lulz with no premine, no sales, and no one controlling it
so if bitcoin isn’t a security than dogecoin shouldn’t be either
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