GazLarking on Nostr: Does it pass the Howey test ? No. Very likely an unregistered security and operating ...

Does it pass the Howey test ? No. Very likely an unregistered security and operating illegally.

Can it be shutdown by government instruction, by coercing a single person (Vitalek) or small group ? Yes

Censorable ? Yes, already happening.

Use cases that cant be done by Bitcoin layered stack ? Not that Ive seen

so .. value proposition ?