IMO, game changer in shifting from the old internet business model of funding through advertisement revenue to the new internet era of users "paying" for their privacy.

Re-peeping!

"the safe harbor would necessarily apply to those tokens."

"[Ether] is a good example of this type of protocol token that has become so decentralized it should not be deemed a Security," the document asserts. Though many digital currencies run off code related to the Ethereum network that uses ether, the working group does not believe...

""Once the token achieves full functionality, offers and sales of tokens would generally not constitute investment contracts under Howey," the most prominent Supreme Court case for determining whether an asset legally qualifies as a security."

"To remedy the uncertainty and confusion in this space, we are proposing a non-exclusive safe harbor to help provide guidance to the industry on what constitutes an 'investment contract' and how the investment contract law and guidance should apply to utility tokens," the workin"

Source saying: "A group of venture capital firms with investments in digital currency-related companies has asked the SEC for a safe harbor from securities laws for certain projects."

Seems like you have your next post to write about!

Swear I want to go to law school to specialize in smart contracts and DAOs! I think the more interesting question is what happens when a decentralized application infringes on one...Who do you sue?!

Even wilder is how do these blockchains change retail banking when risk is more apparent (i.e. credit scores like Bloom), tokenized identities remove burdens of identification documentation (i.e. Civic and Uport) and tokenized assets can be posted as collateral (Dai stablecoin)!

Thank you Peedeth to getting us one step closer! https://www.ted.com/talks/jaron_lanier_how_we_need_to_remake_the_internet

One right here!

2/2 "..[it is about] precious asymmetry to create a world that better preserves the autonomy of the individual, and cryptoeconomics is to some extent an extension of that, except this time protecting the safety and liveness of complex systems of coordination and collaboration.."

1/2: "Cryptography is truly special in the 21st century because cryptography is one of the very few fields where adversarial conflict continues to heavily favor the defender."

@skyler https://www.coindesk.com/bank-of-america-sees-blockchain-as-way-to-replace-internal-ledgers/

Taking over one percent at a time! https://coinmarketcap.com/charts/#dominance-percentage

@skyler "I can't even step away and get dinner right now."
https://www.gdax.com/trade/ETH-USD

@skyler Not peeping much these days?

Thanks! This is awesome, glad to be here!

Thanks Micah, this is awesome!

@skyler, my first peep!

Hello world!