After reading this, I am as bullish as ever on real coins, and hope this is a wake up call to those ECR20 tokens that are clearly unregistered securities.

You won't ever be using an ECR20 token as a currency, its such an absurd concept -- Why wouldn't you just use the native ETH if you wanted to pay with coin?

Look to projects that did not raise money via ICO, look to projects that are global building payment infrastructure.

More power to you SEC, may your elite cyber division put all the bad money guys out of business.