"Some people have also mentioned that given the fact that it is legally a security, it will attract the heavy hands of regulators very soon. I don't see this being a security in the true sense as it does not pay out any fiat and cryptos have been defined as commodities and property in many jurisdictions."
No dice here. This is prettymuch the legal definition of a security.
No dice here. This is prettymuch the legal definition of a security.