Re: IOHK Research and Scorex ARE NOT working with Waves
But isnt the fact that its all traded for BTC, not standard fiat, changes the entire picture?
Since bitcoin is not recognized as a currency in the usa (and europe..)
No banks or private institutions are involved in the invesments' exchanges.
fiat -> btc -> ico token - process, solves this issue imo.
if it was a credit card / wire transfer, this would be an issue obviously.
And I'll read the rest of the thread later on, it certainly got my interest
Since bitcoin is not recognized as a currency in the usa (and europe..)
No banks or private institutions are involved in the invesments' exchanges.
fiat -> btc -> ico token - process, solves this issue imo.
if it was a credit card / wire transfer, this would be an issue obviously.
And I'll read the rest of the thread later on, it certainly got my interest
Again the Supreme Court decisions have more than once emphasized that they will look past obfuscating circumstances and make the determination based on the economic reality. So no, BTC's classification by any one has nothing to do with the fact that BTC can transfer value. The term 'value' is used in the Howey test, not only 'money'.
Disclaimer: IANAL, so please consult your own.