RE: Does the STEEM Blue Paper respond to a recent decision by the SEC to consider some Crypto-Currencies Securities?
We should self regulate; then the SEC could go away. If a bunch of people used STEEMIT to publish wall-street like reports on the ico's and crypto currency, and we got a small group to decide and publish a ranking; the industry could tell ordinary people only invest in highly rated investments (at your own risk of course). Steemit would be the perfect place to collaborate with a small group of experts to publish sound research and become the standard for analyzing the industry. In true decentralized fashion, every person, or group that want to rate could do so and they could compete. (like wall street analysts do today)