The notion that you will need permission to raise any kind of capital in a certain kind of approved mannor is going to be very outdated very quickly. An almost

The notion that you will need permission to raise any kind of capital in a certain kind of approved mannor is going to be very outdated very quickly. An almost ruleless stock exchange is launching next week denominated only in Bitcoin, and there have been "companies" that have been operating for months after issueing "shares" for capital (bitcoin in this case). Some have raised as much as $30,000 equivalent in bitcoin. Who cares about the sec anymore.