From 0381ca029c1f533e2d2f6086b29445197cd50d0c Mon Sep 17 00:00:00 2001
From: theo-cox <72795023+theo-cox@users.noreply.github.com>
Date: Thu, 22 Sep 2022 11:05:23 +0100
Subject: [PATCH] Update are-crypto-tokens-securities.md

Issue #193 [s] Fixed type and removed "charlatans"
---
 notes/are-crypto-tokens-securities.md | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/notes/are-crypto-tokens-securities.md b/notes/are-crypto-tokens-securities.md
index 3a899269..37934625 100644
--- a/notes/are-crypto-tokens-securities.md
+++ b/notes/are-crypto-tokens-securities.md
@@ -68,7 +68,7 @@ See [Bitcoin as an Anti-Authoritarian Force][../notes/bitcoin-as-anti-authoritar
 
 ### Wider risk
 
-We tried the complete laissez-faire *caveat emptor* securities model in the 1920s. **It ended very badly**. The kind of fly-by-night “There Will Be Blood” type of charlatans ran wild selling securities to the public.Most US states created Blue Sky Laws to  "to stop the sale of stock in fly-by-night concerns, visionary oil wells, distant gold mines and other fraudulent exploitations."
+We tried the complete laissez-faire *caveat emptor* securities model in the 1920s. **It ended very badly**. Fly-by-night “There Will Be Blood” actors ran wild selling securities to the public. Most US states created Blue Sky Laws to  "to stop the sale of stock in fly-by-night concerns, visionary oil wells, distant gold mines and other fraudulent exploitations."
 
 History is repeating itself. **Shibu Inu and Dogecoin were the blue sky securities of the 1920s**. People were attracted to get-rich-quick schemes back then just as much as they are today. Human psychology is remarkably invariant across time.