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@mykos
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True but then remember what the SEC howey test says. It says the expectation of profit on the work of others. The problem is that most of us are using crypto to make a profit on some creation of others. So most projects are more like this business endeavor. Even bitcoin sometimes feels a bit sketchy as a currency. In a currency you don't really expect profit. However the decentralization of bitcoin is accepted. The problem is all these projects in between. Do we really use them more like a currency in a decentralized manner? Or do they function more like assets in a business?

See that's where the sec has alot of play to make determinations about your status. Many don't understand they have many precedent cases to pull from and they often times will win. So i greatly believe in have destiny and freedom to make the best decisions for you. However the crypto community has to be prepared to take everything comes with that. We say we are. However how long before something happens and we scream regulation and wanna take people to court about our money? lol. So idk i think we got a long road ahead of us.

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