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A comment on The ICO paradox and how to fix it. Parent comment

Re:The ICO paradox and how to fix it by jon_richards on Tuesday March 13, 2018 @07:14PM (#16580747)
One thing that confuses me about securities is how vague the description is. Why isn't a concert ticket a security if the majority of purchasers are reselling them?
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Re:The ICO paradox and how to fix it by ameliaquining on Tuesday March 13, 2018 @08:08PM (#16581082)
Presumably because first-party ticket sellers don't encourage resale. In the U.S., there's a legal test to determine whether something is a security: https://en.wikipedia.org/wiki/SEC_v._W._J._Howey_Co.
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Re:The ICO paradox and how to fix it by gamblor956 on Wednesday March 14, 2018 @02:08PM (#16586920)
A concert ticket isn't an ownership interest, it's a license/permit to attend an event.
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