Just to get things into perspective: What i wanted to qualify as FUD was the May 7 story, not your arguments on a general uncertainties about possible SEC ruling.
Having said this i believe that rumours about restrictive regulation in US are still greatly exaggerated. First we know from history that policy makers in the US have a strong tendency to support technical revolutions and disruptions, and carefully look into not to chocking it by regulation even if it is accompanied by fraud and scam. This might be even state reasoning for all US as history, with the internet hype in the late 90ies being the latest example, where regulators explicitly affirmed this policy.
And why should that - of all things - now change under a president trump with his enterpreneur-ethos and anti-institutionalism???
Even more, US regulators are certainly aware of global permeability of technology and will have enough foresight to understand, that crypto-innovation would just happen elsewhere (China/Asia!) if it were outregulated in the US.
So although a negative ruling is not impossible, it's just not very realistic.
And finally - although i would keep it in good memory - i wouldn't really miss Ethereum, being exposed again to ridiculous fee-spikes like those we have been having over the recent weeks. Better positioned projects (EOS!) not only will cease to annoy us with impracticality, a huge effort is put into circumventing any possibility to classify them as securities, so here is just one more reason not be worried too much.
Man i should publish this as an article....
I agree they won't over regulate because, as I said above, it would destroy innovation in the US. That said, I also don't think they're going to keep their hands off crypto...especially coins like ethereum. As I said, when has the government EVER left a successful business model alone?
They will most likely meet somewhere in the middle...and people want to know what the rules will be. It's not a matter of doom and gloom. It's simply a matter of people wanting to know the rules before they play the game. That said, until we have such rules in place, I don't think we'll see any large amounts of new money enter crypto....and I can't blame them. Let's hope this gets resolved very soon.
AMEN to that my friend! ;-)