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1. Hallå Kitteh (clacke@social.heldscal.la)'s status on Thursday, 27-Jul-2017 04:54:54 UTC Hallå Kitteh

   • robek world
   @rw I'm too lazy to read the report of course, that's what we keep people like you for.
   
   > I have to question whether they believe all ERC20 tokens are investment opportunities.
   
   It's right there in the passage you graciously extracted for my consumption:
   
   > Whether a particular investment transaction involves the offer or sale of a security — regardless of the terminology or technology used — will depend on the facts and circumstances, including the economic realities of the transaction.
   
   There you go. Are all ERC20 tokens investment opportunities? Nope, it literally explicitly "depend[s]".
   
   Great post, and a very relevant subject!
   
   https://social.heldscal.la/url/650586
   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Thursday, 27-Jul-2017 09:50:45 UTC Hallå Kitteh

     in reply to
     Hm. Upon reading it again I realize it actually assumes that it's an "investment transaction", and it's whether it's a security that depends.
     
     But all I read that as is, if you acquire a token you might in the future sell it and therefore it is an investment. Buying CAD is also an investment.
   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Monday, 31-Jul-2017 00:30:12 UTC Hallå Kitteh

     in reply to

     • robek world
     • ultimape 🐜💩 💛
     • Antoine Aflalo
     @rw @ultimape @balor
     
     Here's a less memey look at the SEC's view on ICOs. The path of an ICO is a thorny one.
     
     https://social.heldscal.la/url/659409
     
     > Section 5 of the Exchange Act makes it unlawful for any broker, dealer, or exchange, directly or indirectly, to effect any transaction in a security, or to report any such transaction, in interstate commerce, unless the exchange is registered as a national securities exchange under Section 6 of the Exchange Act, or is exempted from such registration.
     
     But we don't really need exchanges that are legal entities and run in any particular machine in a geographical location? Maybe the SEC would go after anyone who contributed code to a decentralized exchange, I don't know.
     
     The name escapes me, but isn't there already an OpenLedger-like exchange implemented on Ethereum, where smart contracts allow people to exchange tokens like the Dai, Ether and that synthetic gold thing without any intermediary except the blockchain itself?
   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Monday, 31-Jul-2017 00:38:46 UTC Hallå Kitteh

     in reply to
     Oh. It seems I was thinking of EtherEX, but https://twitter.com/EtherEx_Crypto still says "will be", last posts are from over a year ago, and etherex dot org is now taken by a squatter.
   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Monday, 31-Jul-2017 00:42:35 UTC Hallå Kitteh

     in reply to
     https://social.heldscal.la/url/659424
   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Monday, 31-Jul-2017 00:46:42 UTC Hallå Kitteh

     in reply to
     But now there is this thing!
     
     https://oasisdex.com
     
     https://github.com/MakerDAO/maker-otc
     
     > Simple on-chain market for ERC20 tokens
   • Antoine Aflalo (balor@freeradical.zone)'s status on Monday, 31-Jul-2017 01:48:37 UTC Antoine Aflalo

     in reply to

     • robek world
     • ultimape 🐜💩 💛

     @ultimape @clacke @rw

     They are out of their league, they don't understand the technology.

     Seeing the recent event about the FBI and BTC-E, where ever you are, if there are expatriation agreement with the united states, you're under American law...

     The SEC will go against anyone that is taking a cut. Simple as that.

     All the tech is moving too fast for those old organizations to adapt.

     Hallå Kitteh repeated this.
   • ultimape 🐜💩 💛 (ultimape@mastodon.social)'s status on Tuesday, 01-Aug-2017 10:17:08 UTC ultimape 🐜💩 💛

     in reply to

     • robek world
     • Antoine Aflalo

     @Balor @clacke @rw

     Just came across my radar: https://hackernoon.com/the-sec-called-about-our-ico-i-answered-8cbbd31568ec

     Worth reading if you wanna get a better idea of where the SEC's head is in all of this.

     Hallå Kitteh likes this.
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   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Tuesday, 01-Aug-2017 19:06:31 UTC Hallå Kitteh

     in reply to

     • Antoine Aflalo
     @balor linky?
   • Antoine Aflalo (balor@freeradical.zone)'s status on Tuesday, 01-Aug-2017 19:24:51 UTC Antoine Aflalo

     in reply to

     @clacke For BTC-e story:

     http://fortune.com/2017/07/27/btc-e-digital-currency/

     Also post in russian on bitcoin talk:
     https://bitcointalk.org/index.php?topic=2056158.0

     Hallå Kitteh likes this.
     Hallå Kitteh repeated this.
   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Wednesday, 02-Aug-2017 03:02:33 UTC Hallå Kitteh

     • robek world
     • ultimape 🐜💩 💛
     • Antoine Aflalo
     @rw @ultimape @balor I think the post is a decent map of the territory.
   • Hallå Kitteh (clacke@social.heldscal.la)'s status on Wednesday, 02-Aug-2017 03:18:11 UTC Hallå Kitteh

     • robek world
     • ultimape 🐜💩 💛
     • Antoine Aflalo
     @balor @rw @ultimape
     
     > BTC-e .. was heavily reliant on criminals, including by not requiring users to validate their identity, obscuring and anonymizing transactions and source of funds, and by lacking any anti-money laundering processes.
     
     What does this imply for #shapeshift?