My Replies by point.
- The SEC is already assume implied contracts on all coins/tokens. So, it won't matter if there is one or not.
- Anyone receiving funds from the DAO can be viewed as being employed by the Hive Blockchain. We have one or more entities preforming different functions. Developer, Marketing, Social Impact, etc. It doesn't matter if we see them has an independent contractor or not.
- Yes, profit is the only motivate possible.😂
- Most of the posts on Hive are collectively other people's work. Your own posts are a little different. This test doesn't exclude you doing any work as far as I can tell. Then having to vote or submit posts to get coins doesn't count against this.
My point is it takes very little to skew Hive into looking like a security. Especially if all you care about is winning.
P.S - Sorry maintaining the thought patterns of someone who just wants to bring Hive down is not fun.
RE: Hive is a Security