BITTREX
All this project took a big hit step in and kind of makes a mess of things. These are two red flags buried inside this charge. How the SEC views network validator and now it is considered protocol specific foundation. Dash was launched with no ICO, no investment contract, and a Proof of Work mining. Bitcoin is also Proof of Work, it was not launched with an ICO and there was no investment contract yet Dash is being raked to the coals for whatever reason. The agency seems to have a beef with Dash as far as incentivized participation. This is really delving into some types of validation Proof of Stake scenarios. It is interesting to me just how meticulous the SEC is because there this is the third part.
The third part of all this is just how precise that the SEC has slowly built it came up and then they are digging its tentacles into all these things to say something is a security. What they are doing is that that are they are doing away with everything to be a security. If don't know if even Bitcoin is going to be allowed off of if depending. Everything is label has a security, the question is What happens? All the exchanges have to say we are going to register with you because we are to be selling securities again. What I think will happen is that there is going to be a flight of brain power all these projects will just go across the ponds and leave America behind.