SEC - ERC20 tokens and the Bitshares solution

in #bitshares9 years ago

I read the news about the SEC that maybe will consider all ICO tokens traded as securities. Bitfinex will pause trading of EOS in view that SEC may consider EOS a security, although EOS explicitly states to US citizens not to participate in the ICO. America apparently is the land of freedom..lol..

Maybe it is time that we consider more decentralized solutions? Don't you guys think this is the time to make EOS a smart contract on bitshares DEX? What about creating a smart index for the top 10 ERC20 tokens and trade this on the DEX?

Nothing is stopping us for creating these smart contracts. All we need is the witnesses to provide price feeds.

Thoughts?

Sort:  

Would be great if the Bitshares Foundation and workers prioritized an ICO specific DEX skin to attracted ICOs. EOS would have ICO'd on BTS if they would have had the mechanism in place.

That would be great, so they would realize that their perception was wrong all the time. With which they will regret and will reconsider its policies that have been many wrong
Nice the post @mf-tzo

well.. I don't think that the SEC will reconsider nor ever admit that their perception is wrong but in any case they maybe realize that decentralized solutions will evolve and can not be stopped. So in the end of the day SEC can do what ever they want but we just won't care..

UPVOTED.
very good.
I would be happy if you like to follow me and give your opinion about my posts.
Thanks.

Coin Marketplace

STEEM 0.04
TRX 0.33
JST 0.102
BTC 64978.52
ETH 1881.05
USDT 1.00
SBD 0.39