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Maybe, maybe not. It really doesn't matter for Ethereum or for most other projects. If they do not think it's a security it's likely they will not say anything because that could be used to force their hand at a later time.

Very True. I am personally rooting for it to stay as decentralized as possible. No need for it to be labelled as a security.

To the question in your title, my Magic 8-Ball says:

It is decidedly so

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