Re
a decentralized cryptocurrency exchange. Supercoin holders will become shareholders in this exchange, and the trading fees generated by the exchange will be used to pay out dividends to shareholders every 3 months.
Arguably if coin holders are effectively shareholders in an exchange who will be given dividends every 3 months then buying coins would probably be equal to buying a security and the sale of coins would need prior approval from the SEC
What is the view on that ?
I think that would be a great thing to happen. It would mean we have successfully reached the goal of being officially reconized by the SEC or any other regulator to be an valuable asset.
The problem for those regulators is however that the owners are around the world and that we (the developers) are only making a free software for everybody to use at will.
But once again I really hope that the newspapers will be full with the names SuperCoin, Multiwalletcoin and ECCoin calling these coins securities because we pay interest and would need approval.....maybe we will be the first coin to be officially reconized as a security