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RE: About 8 Weeks To Go...
I guess we will see if the SEC comes after Steem, but not Hive.
You do realize that 100s of Attorneys and legal scholars make conflicting legal opinions every day?
I guess we will see if the SEC comes after Steem, but not Hive.
You do realize that 100s of Attorneys and legal scholars make conflicting legal opinions every day?
Sure. But the SEC is the one government body in the United States that has the power to determine what is considered a security and what is not considered one. Other countries may decide otherwise.
No one has asked the SEC to decide whether token transactions on Steem are securities transactions.
I think Hive would be deemed a non-security by the SEC on grounds similar to the one's that it considered Ethereum a non-security.