Follow the Conan Community Hero Dog Continuous Construction
Binance News
--
Michael Saylor: Many token issuers do not want to be decentralized, but are eager to enter the capital market
According to Golden Finance, Michael Saylor, founder of Strategy (formerly MicroStrategy), said that many token issuers are "pretending" to be decentralized, but in fact they do not want to be decentralized, but are eager to enter the capital market.The use case for digital tokens is to create capital and innovation, whether it's TRUMP coins, or people like Katy Perry and Joe Rogan issuing coins, whether it's smart contract tokens, or utility tokens (like giving me access to my music library on a website), or it could be a super complex token and/or NFT, which is actually very convenient. But if you register as a security, you need to invest a lot of money, you need lawyers and accountants, and you have to invest a lot of money every year to ensure compliance.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.