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A comment on The SEC has charged two initial coin offerings with defrauding investors. Parent comment

Re:The SEC has charged two initial coin offerings with defra... by everdev on Saturday September 30, 2017 @10:57AM (#15373115)
If you invest money and the money is used by the taco company to grow their business and your taco futures are transferrable and the value of a taco future can go up through the efforts of the company (their tacos becoming more delicious and therefore going up in price), then I think so.
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Re:The SEC has charged two initial coin offerings with defra... by swombat on Saturday September 30, 2017 @03:11PM (#15374537)
In other words, you’re buying shares in a Taco company...
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Re:The SEC has charged two initial coin offerings with defra... by zaroth on Saturday September 30, 2017 @11:44PM (#15376271)
I think the example was transferable coupons for free tacos which don't expire.

They are certainly not shares. But could you turn such a token into an investment opportunity? Certainly you could.

The stunning reality is that Blockchain technology makes practically everything a security. SEC's wet dream.

It's probably why, on some level, all coupons carry the disclaimer that they have no (or nominal) cash value, and are void if tranferred.

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