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RE: Does the STEEM Blue Paper respond to a recent decision by the SEC to consider some Crypto-Currencies Securities?

in #deepthink7 years ago

Great read, I've been researching ICOs, SEC, etc for a while now and have found a bunch of bits of information scattered around the web.

What I've gathered thus far is that blockchains and decentralized organizations call for an entirely new body of laws. Rather than apply an antiquated law to present technology, they're going to have to redefine what a security is. I do think that because of their "light" response to cryptos thus far, they're open to the possibilities of new laws being enacted. We'll just have to wait and see though.

For now, I think everyone should feel safe using whatever platforms they choose. As much as any government may want to kill crypto, it's impossible.

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