Agreed. Ethereum, has a role as a platform and is incredibly useful for all types of things. There are definitely projects that are interesting and could potentially be very useful. 

The minting of coins, however, and the sale of ico's are very clearly securities. 

They are premined and then marketed to the public for the purpose of raising Capital for the company. 

If you want to call them collectors items, then I guess there's a discussion there. Short of that, by definition, they're already illegal.  

 You understand Trump as I do.  His tour in politics has been a giant exposure operation.  He’s been the front man of The Great Awakening.  I also think this is his way of exposing shitcoins.  

As for ETH, I think Saife said it best.  “ETH is the mother asshole from which all shitcoins sprang”.