Some more clarification on crypto assets as securities by the sec

If we had a number of mature crypto currencies, wouldn’t you expect them to be more closely related to foreign exchange? Not saying the typical crypto-coin would act this way, but I think this is the design target for ADA.

In the long run, I think it points to issues that should develop later when/if ADA does mature. Treasury governance will involve a lot more human processes and public decision making than at this stage. The technical layer of governance is important as the foundation for this, and begins to give ADA the tools it needs to really be on a par with fiat in ForEx.