Re: I'm Tech-Impaired But in Charge of Spearheading Development of an Altcoin
I can probably safely assume you didn't read the entire thread of prior discussion and analysis at the link I provided to you. I don't have time to go redigest that thread again, so I will just attempt to broadly resummarize from memory. You should refer to the thread to dig deeper....
Thanks for doing it! I'm not a lawyer myself; I'm just a crypto enthusiast. And to be frank, I'm batting this around in part to gin myself up; in this sense, I'm not dispensing advice of any sort. I have a long track record of sinning my own sins & taking my own blame.
It's just that criteria #2 and #4 really cut to the heart of why a cryptocurrency and its ecosystem is profoundly different from a business or corporation. If a court unthinkingly applies the Howey test in an choplogicky manner, it'll act as a stereotypical regulator (if you get my drift.)
That said, I should be preparing myself to "sin my own sins and take my own blame."