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![drjasper_eth Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1695922946487791616.png) jasperthefriendlyghost.eth [@drjasper_eth](/creator/twitter/drjasper_eth) on x 3906 followers
Created: 2024-05-23 02:44:45 UTC

Short thread on the most important aspect of the FIT XX bill - the five prong decentralization test to determine whether or not an asset is a digital commodity.

Expect all protocols with goals of decentralizing to be paying very close attention to this test.

Bill text below 👇

![](https://pbs.twimg.com/media/GOOjRxaWkAAYk60.png)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1793473109447651812/c:line.svg)

**Related Topics**
[decentralization](/topic/decentralization)

[Post Link](https://x.com/drjasper_eth/status/1793473109447651812)