The industry is mature enough that we can categorize tokens based on their legal, economic, and technical properties. It shouldn't be surprising that not all tokens have the same legal status or long term economic prospects!

https://a16zcrypto.com/posts/article/defining-tokens/

maybe with later ethereum updates we should even bake that legal structure into the smart contract code lol

so everyone can instantly know if the token is considered a memecoin or what under US laws

dreaming higher ↑ /basedstudio ⋅ exploring new frontiers in crypto, ai, states

but honestly many people underestimate what ethereum is and not studying why it was created and its values

all this legal talk is a step back for privacy, cypherpunk etc

what it does is only making this great tech feel and behave like web2 and granular separated by countries 

did we go all this way to arrive to the same thing we had before blockchain tech got popular?