1/ $ETH came to market as a security, but a big part of what's protected #Ethereum from regulators recently is the amount of innovation happening atop the platform.
2/ Strong innovation protects against heavy-handed regulation, as regulators work to avoid stifling ingenuity in a world that relies on it for economic growth.
3/ #Cryptonetworks that also launched their token as a security, but have little being built atop their platform, won't have the same protection as $ETH.
4/ You can fake innovation in a white paper, but good luck faking it on-chain.
