As with any new area of investment, cryptocurrencies have prompted potential investors and analysts to ask many questions. In the past couple of years, digital currencies have experienced significant boosts in popularity, and there are persistent untruths, myths, and rumors about the space in general and about certain coins and tokens in particular. Below, we’ll take a look at some of the most common myths about digital currencies, and we’ll explore whether or not each contains some truth.
When the tokens are not being sold as investment contracts, however, they are not securities at all. Tokens sold for use in a functioning network, rather than as investment contracts, fall outside the definition of securities”..