RE: Does the STEEM Blue Paper respond to a recent decision by the SEC to consider some Crypto-Currencies Securities?
Great write up! I agree with your perspectives, and I'm glad you linked to Dan's post as well. That's one I remember referencing often early on as people tried to say Steemit is a scam.
Another related post you might find interesting: Will We See a New Version of 1933's Executive Order 6102?
It highlights a very real concern we should have in that governments... are not rational actors. They pretend to act for the benefits of their "members" or "citizens" (or, as I prefer, "tax slaves"), but often the results of their actions show they are about maintaining monopoly control on systems of power, such as money creation and value itself.
I mention that post because whatever we come up with today for rational arguments for or against what the SEC might do in the future is, unfortunately, at the whim of those with a monopoly on the use of force. They get to change the rules whenever they want and we have, practically speaking, very little say so in the process.