This Phil guy is clueless about regulations.
SEC is a governing body in the United States. Phil, for the record, is Canadian :)
Hive is not based in the United States :)
Hive is actually not based anywhere :)
Also me, you and phil and everyone are just a mere users of hive. Hive is decentralized, no one owns Hive. There is no CEO of Hive :)
He is sending FBI and CIA to my home and launching many SEC investigations for months now. Nobody has showed up to my doorstep or anybodies doorstop and never will :)
The funny thing about internet is anyone and write or claim anything, there is no verification required or really not much of a consequence. So people like Phil can get away with whatever misiformation they want.
Only thing we can do, is to make sure lies are not rewarded. That is all that we can do.
It's difficult to gauge someone's grasp sometimes. I appreciate the perspective. Ah, that's something else I didn't know about Hive governance. I was surprised in your writing that there was no CEO. I guess it's the Steemit past in me. I was a little worried that the same thing would occur with Hive that happened to Steemit.
I'm putting a lot more time on the platform now so it's good to know someone can't just up and takeover again.