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Re:SEC Shuts Down Munchee ICO by stale2002 on Tuesday December 12, 2017 @04:06PM (#15909470)
Are you arguing that beanie babies and comic books are securities? How about bars of gold?

They are certainly speculation. But I doubt the SEC would ever claim that literal bars of gold (not notes, physical bars of gold) are securities.

Re:SEC Shuts Down Munchee ICO by tptacek on Tuesday December 12, 2017 @04:14PM (#15909538)
They are not, but the reason they are not is instructive.