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RE: BLOODY IMPORTANT QUESTION: should we consider STEEM-ENGINE tokens a security or utility?

in #blockchain5 years ago

In @detlev 's beer token case it is clearly a utility token... you use the beer token as barter for one or many beers and the utility next day is a massive overhang.. ;-)

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If the beer is robbed or? You can also learn a lesson out of that, so far no overhang here. 💕

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no.. if you drink all those beers at once.. ;-)
no but seriously... if beertoken would be barter for actual beers.. and that's the ultimate goal as far as I understand... then it is clearly a utility token because not even the SEC would consider beer an asset.. ;-)