Aug 8, 2017 · 1 min read
Absolutely, I consider ETH to be a security, because of the ICO model.
Bitcoin on the other hand, was not an ICO. It was just… out there. If ETH never had an ICO and all ETH came from mining, I’d consider it to be more like Bitcoin.
But no, they pre-sold tokens to ‘investors’ hoping the price would rise, hence, security.
