Alice and Bob offering themselves shares of their own company is what I'd tag as a wrong move. You should allow other people to buy the shares of your company. You are already the owner of the company and you decide what happens to the profit. My take though 

Off to medium to read the post. As usual your post and shares are always knowledge packed, worth reading and learning.


And oh! Let me use this opportunity to say thank you for EOS. That project is just so amazing and the vision is extraordinary. I'll keep getting my hands on it daily.


.... Off to medium.

I'll be back to modify the comment when I'm done reading.


***
Edit: So I read the post and discovered that it is a hypothetical analysis of erm a software service and its different regulations scenarios - to my own understanding and that the word **Google** which drew my attention to the article because of the recent crypto ban was used hypothetically in the article to make the article clearer and drive home the main points of the author about softwares, shares and regulations.

The article tho helped me learn and understand some facts mostly pertaining to ICO - that's the way it helped me. 

***

> In the future, Google’s cloud based document editing and storage application services may be powered by a blockchain and people will be able to implement currencies, ICOs, and everything else that Etheruem does, on a spreadsheet **powered by the open source EOSIO software created by block.one.**

However, this was the crux and the most important part of the article to me and I'm sure you know why. I saw the future immediately and I immediately understood what it'll look like. 

Well, there you have it. I can't say all and I can't say too much.

If you've read the article, please try and so so as I'm also waiting to read your comments and learn from you.

#### Thank you

Google has shown to be really anti cryptocurrencies lately, they probably feel threatened by them since they are an already established big player in the world stage and are completely intertwined with governments across the globe.

With the recent news about ad ban, i don't know what to think anymore about google.

Good evening @dan, i might not really understand the technical terms here but i sure know what illegal means, i would say google's source of making money and also allowing the general public to do so is not illegal, there are always procedures of getting to make income from google, you need traffic and ofcourse you need google adsense to be able to extract money from there, so from my own, candid opinion, i would say it is not illegal and also i stand to be corrected here from those who knows better. Thank you.

Great post. We should know when to make our moves and we must also be cautious of the moves we make. Thank you!!

u da man. that is all.

excellent article.. this is a perspective I will not forget..

Am glad to see your post here on steemit @dan, In my own opinion I really don't see what business Google has with money exchange..
They should fixate on their company and how to improve it.

@dan

we never know sir, before we find more evidence. I see the above link is just a hypothesis, its mean temporary answers to problems that are still prejudice as they still have to be verified

**regard**

**@uncleboy**

>A blockchain is simply a public database-as-a-service. The operators of this service do so with greater transparency and integrity than every other unregulated computation-as-service provider.

Exactly!!! This is like an open ledger, visible for all to see.

First it was like an operating system still trying to wrap my head completely around that now like a public spreadsheet.. In this my journey to complete understand the Blockchain and develop on it you have been helping see the Blockchain from different perspectives and it's been amazing... Thanks so much @dan I miss you around here and I also want to use this medium to let you know that I really wish you change your mind and keep blogging on steemit.com I mean I would love to read your posts right. I bets it's coming fine your eos project I wish you all the best.

Still too complicated for the current regulators to comprehend. Didn't you see the Financial Services Committee meeting?

Hearing so many things about google hate for crypto lately. Don't know if by 2025 Google would have moved the backend of Google Sheets to a blockchain. It will be a nice move if it happens.

To me I don't know what to say about google with different news all-round

Hey @dan, glad to hear from you again, how is EOSIO coming? For the issue here, Google has been such a big toothless dog on the media lately. I really don't get why they are feeling insecured. What does Google have to do with securities exchange in the first place?... Lolz funny things keep happening every day

You should be posting again here on Steem, instead of just dropping links, really :D

Kudos should be given to google here as they have really ender alot but  i know they still got big flaws. As for been illegal, i dont know what to say but i will take a proper look at the link you shared again. 

But i know that even though they night around legal, they  are still some illegal act they are doing. @dan

>A blockchain could be viewed as a spreadsheet and each cell may contain a value or an equation. 
...In the future, Google’s cloud based document editing and storage application services may be powered by a blockchain and people will be able to implement currencies, ICOs, and everything else that Etheruem does, on a spreadsheet powered by the open source EOSIO software created by block.one.

I am as well thinking so too...

Alice and Bob, always up to no good!

The legislator in Wyoming came to the exact same conclusion.  The existence of a token does not make it a security.  They defined cryptocurrency as a utility token as long as it is not marketed for speculation purposes.  

I see your point about the fact that a google doc could provide the same services as ETH does with a smart contract.  

The sad thing it we have people proposing bills that become law who have no idea what a smart contract is from a fishing license.  These people are completely out to lunch when it comes to this stuff.  

That is why it is so important to keep pushing ahead with decentralization while establishing things in countries that are not as uptight with their regulation.  Moving the bitshares website to Thailand and away from the U.S. is a prime example.

Nevertheless, lets see the SEC scrutinize Google like they do other things.

i need a non android phone asap.

In general, I agree with you that the issuers of the tokens are responsible for complying with the securities laws.  There is a four part test under the Howey case decided by the U.S. Supreme Court that determines whether something is a security.  

The test requires the following:

1.  An investment of money.
2.  An expectation of profits from the investment.
3.  The investment of money is in a common enterprise.
4.  Any profit comes from the efforts of a third party, such as the managers of the enterprise.

It shouldn't be difficult for the issuers of tokens to structure the tokens to avoid the application of the securities laws.  

For the most part I agree with you that the service providers will not get into trouble under the securities laws, but where they may have some exposure is if they accept tokens in consideration for their services and those tokens are deemed to be securities.  In that case, the service providers might need to register as broker-dealers under the securities laws to avoid liability, because if the providers are acquiring securities that they are then able to sell for their own account, they could be deemed to be broker-dealers.  One way to avoid that would be for the providers to simply require payment in cash rather than accepting tokens as consideration for their services.

I'm sure block.one will review that issue carefully with its attorneys to avoid problems.

If google will use blockchain technology in future then why they are banning blockchain related ads??

That was a great hypothetical explanation for blockchain as an internet service provider. With an insight such as that, I wonder why you wouldn't be launching a public blockchain with those features described as it would be a highly demanded innovation. Well, as one might not want to be a 'Jack of all trade', am sure this will give some entrepreneurs am idea to implement using the EOS.IO software. Good one Dan though I don't understand why you choose to used Medium for the post instead of Steemit.

The concept of illegal/legal is made up to benefit or coral a certain scope of parties.

On a second thought the greatest challenge here is how to get the intended audience -the regulators - to fully comprehend the message you are sending out through this post. I feel we often put regulatory authorities on those who knows next to nothing about what they are Suppose to regulate, that happens in blockchain too. I hope someone gets to understand this else it will just end but another wish but in a foreign language.

The hate for crypto currency by Google to me is because crypto deals with the block chain, and is becoming widely acceptable.