SEC bizarrely decides that existing securities are no more real than ICOs!!!?!

in #life7 years ago

From this article at ZeroHedge: http://www.zerohedge.com/news/2017-07-25/sec-cracks-down-initial-coin-offerings-concludes-tokens-are-subject-securities-laws

They say: "This new thing is so much like this old thing, that we need to regulate it exactly like the old thing."

What this individual hears, is: "If we're regulating Y like we do X, then we feel X is the same as Y."

And anyway, most "government 'laws'" only apply to those who have taken an oath to work for government. I haven't. Fuck you and what you and yours decided for me. I and mine have decided something else for you!

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ZeroHedge got really good articles. I re-steem your post because I really appreciate your "F***U" to those slimy swamp creatures. Aloha!

'Agreed!'😄

Hello there @xaero1. How was your day? Was there another cryptos blood bath again, is why you got time to say hi? Hehehe! I always get the chuckles when you respond.
It's a good thing. I promise. 😜 Aloha!

Maybe there was...but no, I just saw your comment and it's totally why I'm into this whole thing: basically, there should be no laws unless it's to do with physically harming someone (ok, maybe I exaggerate slightly!).

It's all about people have a free choice to do what they want: if I want to throw all my money at some crazy thing (ahem, steem lol), then that's entirely my business; likewise gambling; likewise buying whatever weird substance even though in practice I don't; likewise freedom of speech; likewise people being their own bank; etc.

This this is what block chain technology is bringing to the world hopefully.... provided the powers that be don't try to fight against it too much!

</end rant>🤣

Cool, lets double up on our "F***U!"

I think you may have got the overall sentiment in my previous comment, in far fewer words😉🤣

What?!! ROTFL!! I guess it sounded that way!! No more soup for u! U go now!

Thanks Sophia! I had a cat of that name, she was the penultimate to pass, at 16. She was so sweet, she was like a "familiar" (which I learned in Dungeons and Dragons many years ago -- and more recently, read that "familiar spirits" are to be avoided, in Scripture, but anyway); she slept with me, by my side with my hand on her back, and when I'd roll over I'd keep my hand on her to indicate I'm not getting up, and she'd stay there. She'd lick my fingers, as well. Such a wonderful dear, thanks for the memories.

Aloha! :)

Wow! What a beautiful story. I'm glad I reminded you of beautiful memories. It's amazing how life has a way of bringing us the right things and/or people to send love/messeges. Have a great day. Aloha!

One might wonder if they grasp what Ethereum devs did to correct that theft? By creating ETH they essentially doubled the amount of ETH by creating ETH and ETC. So whomever has stolen that 50 million got away with it because ETC is still traded on the open market. Now BItcoin Cash (BCC) wants to do the same for BTC even though both are trading now at different prices on the open market. They are not going to fork BTC on Aug. 1st because they already have with BCC, am I the only one that sees the fraud here? If you buy a digital apple from me and I replicate it before giving it to you have I given you anything that I do not have? No, I still have a digital apple, now you do too, but I also now got your money. Check out Uetoken.com

Sounds a lot like the recent "fucktoken" ICO. Now people are piling on the bandwagon of "no value here"...

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You are quite right. Crypto must be as free as possible.

Just curious, why the unfollow?

👍

Wow! U got a lot to say today...😬

🤷‍♀️😀

Hello@libertyteeth

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