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What's so special with Ethereum and Bitcoin to kept out of SEC by devrajsinghrawat

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· @devrajsinghrawat ·
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What's so special with Ethereum and Bitcoin to kept out of SEC
# What's so special with Ethereum and Bitcoin. 

> So these are the only Blockchain networks which are truly decentralized in nature (one of the main reason could be the consensus protocol which makes it architectural decentralized). 
>
> There isn't a single organization running it. It is updated, built, maintained, and run by thousands of individuals (nodes in terms of Blockchain). 
---
*If you look at any other Blockchain network, there is a company or a clan associated with it. A number of nodes are quite minimal and incestuous too. The founding entity holds remarkably large percentage of their Blockchain network's token which are either pre-mined or non-minable tokens (mostly launched as ERC20 tokens initially or still a ERC20 token) some are minable too but controlled by some organization.*

**These things only ensure that the price of the token would solely be determined by the efforts of the founding company or team. This leaves no doubt that tokens of such Blockchain networks should be treated as securities.**

Hope this make sense to you too, This is good that the decision is taken based on the nature of network.
👍  , , , , ,
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