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It's hilarious to me too that they didn't consider the regulatory climate. Okay, you and about 1000 other startups are all waiting for the regulatory climate to change. This isn't happening anytime soon.Ohanian has responded, by saying the following: “We will be issuing redditnotes; our research leads us to want to wait until the law and technology around cryptocurrency are further along before deciding exactly how. We want to make sure we can give the community the full value of the equity when they receive it in the future, and today we haven’t been able to find a way to do that within existing regulations.”