Does it pass the Howey test ? No. Very likely an unregistered security and operating illegally.
Can it be shutdown by government instruction, by coercing a single person (Vitalek) or small group ? Yes
Censorable ? Yes, already happening.
Use cases that cant be done by Bitcoin layered stack ? Not that Ive seen
so .. value proposition ?
GazLarking / Gaz
npub12e…hjz6z
2023-04-12 03:59:52
in reply to nevent1q…h9d6
Author Public Key
npub12e35m593rwz666x9chfxavxf83muw224dv4p49d6mecefyplw9ysqhjz6zPublished at
2023-04-12 03:59:52Event JSON
{
"id": "822b25115949987f0f9f8107d498d60f703deeb10a44eea405753fa57601bc14",
"pubkey": "56634dd0b11b85ad68c5c5d26eb0c93c77c729556b2a1a95bade7194903f7149",
"created_at": 1681271992,
"kind": 1,
"tags": [
[
"e",
"cd69755da3f9f002b35391c088e0b012eb2bc27255078b9c88c8e021f04ae210",
"",
"root"
],
[
"p",
"9108cb00ee431cc0cf0de4f8ac4cb14bb3c5bafa25a6450b2ccb9f955414744c"
]
],
"content": "Does it pass the Howey test ? No. Very likely an unregistered security and operating illegally. \n\nCan it be shutdown by government instruction, by coercing a single person (Vitalek) or small group ? Yes\n\nCensorable ? Yes, already happening.\n\nUse cases that cant be done by Bitcoin layered stack ? Not that Ive seen\n\nso .. value proposition ?\n\n\n",
"sig": "de34df1538b9e4b1137012380c4f7b754e3d6b9b275e3f0f148198ce1a3d53963fa08bf74cf0e530aa40c127f48dda2b43b84e42cbd5247cc2209b0bf6b8682b"
}