Some experimental thought:
All taking about investing in ICOs will be illigal or regulated all over the world (we have atm 4 countries regualting, that is by far not the world) but what is actually invested in icos, no real money!!! Its like you buy with USD 1 KG of iron nails and give it to a company that needs iron nails to build a house. You expect profit once the house is build.
Im not a lawyer but I believe in order to call something a "security" or "investment" it would needs include "hard" official money at some point. But this is by cryptocurencies not the case because there is actually no "official" value invested... Some1 bought something, invested the something and this something got traded... That BTC has a USD value is another story but yet its not a "official" currency controlled by a government so that it can be applied to any "security" o "investment" rules...
^^^ experimental, tho and not really fully thought over....
Anyways, Im for the voices that calling out that something needs to be done to get the scam Icos under control, but Im uncertain what is the best approach!
Maybe a community driven audit service?
https://bitcointalk.org/index.php?topic=2135456.40
Topic: Does ICO regulations make cryptocurrencies now official currencies? (Read 266 times)
September 05, 2017, 03:21:41 AM
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