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So the long anticipated ICO freeze is coming techcrunch.com/2017/12/12/sec… is a good example of what's here now, and what's to come. I have three thoughts on this phenomena and how it's going to shape the markets as we go forwards into the regulated portion of the blockchain's future.
The first thing is that the smart money has always known the regulators were coming. reddit.com/r/Bitcoin/comm… Obama made it clear nearly two years ago. Look at the length of the Reddit thread: people knew. The President told us the way this was going to go. Don't act surprised.
The second thing is that the regulators have an *amazing* array of tools at their disposal because people have been fleecing the public for centuries. Law evolves. Securities law, insider trading, anti money laundering etc. "Token" isn't a legal category so law gets to define it!
