The SEC just labeled a dozen major projects as securities
If only there were a project that is confirmed SEC compliant with no VC backers, no ICOs, no pre-mines, no developer rewards, no foundation “treasuries”, no PoS, or any other Howey-test satisfying nonsense. Such a project would be the obvious choice for those who espouse true cypher-punk philosophies in the model of BTC. You’d think it would be front and center on every exchange, especially exchanges that want to protect themselves from the ire of the SEC.
Man, such a project would be perfectly positioned right now to show all these securities what decentralization truly means.
I think I’ll go find a project like that right now and buy a whole bunch.
submitted by /u/iamsoldats
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