siftrics

I should have said "the derivatives in question" instead of simply "derivatives".

My point stands: OP claimed that most trading volume happens in securities and it simply does not. I highly doubt securities amount to more than the $20 quadrillion settled in the CFTC's realm last week.

I'm not claiming the jurisdictions of the CFTC and SEC are mutually exclusive. My point stands.

Correct. And this case hinges on the yet undecided question as to whether or not Bitcoin and numerous other cryptocurrencies are actually securities.

From the CFTC's official website:

"The Commodity Futures Trading Commission is an independent U.S. government agency that regulates the U.S. derivatives markets, including futures, options, and swaps."

Also from their official website: 20 quadrillion per week in settled trades. Too lazy to look up the equities numbers, but I would bet everything I own it's lower.

Also from the CFTC's website:

"Bitcoin is considered a commodity and is the underlying asset in bitcoin futures contracts… Bitcoin futures contracts — like other commodity futures contracts such as corn futures, market index futures, or gold futures — are regulated by the CFTC and must trade on CFTC-regulated exchanges."

Derivatives are governed by the CFTC not the SEC.

It does matter, because they aren't doing anything wrong if these crypto assets are considered commodities and not securities.

Also, just because a government agency is suing you, that doesn't mean it has any legal or moral imperative. I don't see your point.

Why not? It is highly litigated and still abundantly unclear whether certain cryptocurrencies are securities or commodities. That's the whole point of these legal battles. If it was clear, they would not be ongoing.

The vast majority of arbitrage of fungible assets happens in commodities, not securities. The SEC regulates securities. The CFTC regulates commodities.

That's theatrics. Everyone on Wall Street and Main Street knows the true cost of living — housing, gas, and grocery prices — has increased dramatically more than any Fed-anointed number with the word "inflation" near it.

Inflation far outpaces whatever "fat interest" rates you have on your savings. You need to hold real assets, not fiat currency.

In Russian, работа simply means "work" or "job" without any negative connotation.

I think OP's point about it being faster and cheaper stands.

What exactly are you trying to say?

Energy will continue to get cheaper and less scarce over the long term. This is a bad argument.

Why'd you buy it in the first place if your only perception of its value is to use it to buy something else?

Why not just buy the thing you wanted to buy?