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RE: Hive Is Not A Security - It Passes The Howey Test

avatar of @zestimony
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@zestimony
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Great analysis! I particularly appreciate the thorough examination of the Howey Test and how it applies to Hive. I completely agree that the decentralized nature of our platform, with no central point of entry and no Active Participants performing essential managerial efforts, is a key factor in determining that Hive would not be classified as a security by the SEC. It is important for the Hive community to consider these regulatory implications, and I believe this analysis provides a valuable contribution to the conversation. Well done!

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