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by darawk 3074 days ago
That's fair. By your logic then, though, ICO tokens would be an investment?
2 comments

The honest ones, potentially yes.

Although it's not always clear with ICOs if any form of ownership is conferred or what the relationship might be between future profits and token gains.

But yes, in principle.

--edit-- to be clear, I'm not trying to say one class of thing is better than the others, just that to me the words have different meanings.

sure. just really bad ones. like the DAO.