[rayiner]

It's interesting, but not surprising. If you offer to sell securities to the U.S. public, and meet certain other requirements, you need to register with the SEC. It doesn't matter if you take payment for the stock in dollars or Bitcoin or cupcakes.

[mabbo]

That's it. I'm selling securities via cupcakes.

Cupcakes represent a stable, decentralized currency with a proof-of-work (you had to bake a cupcake to get one!). No government can stop my cupcake transactions.

This is the future.

[arjunnarayan]

You're too late. We're past Peak Cupcake (http://marginalrevolution.com/marginalrevolution/2013/04/gou...), and well into the Cupcake Deflation (https://twitter.com/JustinWolfers/status/335017341295419394) era.