HIVE didn't have an ICO, perhaps we should be screaming that from the roof tops

In case you haven't heard by now, the SEC has filed a lawsuit against Ripple and its CEO alleging they took part in an unregistered securities offering dating back to and continuing since 2013.

https://cointelegraph.com/news/sec-unveils-1-3b-suit-against-ripple-over-xrp

Never-mind the fact the SEC allowed this to go on for 7 years before saying anything, but it sounds like they are finally showing their teeth.

Understandably, many other altcoins are extremely weak these past few days but what if we can use that to our advantage?

(Source: https://www.coinbureau.com/review/hive-blockchain/)

HIVE had no ICO, which is a big part of what makes a coin a security.

What's more, HIVE forked out Steemit,inc earlier this year which was really the only other possible way HIVE could have been labeled a security.

There isn't really one company or foundation calling the shots, it's community lead.

Therefore, not a security.

Ripple, and by extension XRP, are likely going to see billions flowing out of it overt the coming days.

Where are those billions going to go?

We have a chance here to make the case that some of those billions should come to HIVE.

I'm no rocket scientist but this seems like a great opportunity for HIVE to pick up some free press and hopefully capitalize on the outflows from XRP.

Something like this sounds nice:

"There's no risk of HIVE being sued by the SEC as it is decentralized and community driven and never had an ICO! Invest accordingly."