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Michael Saylor: Many token issuers do not want to be decentralized, but are eager to enter the capital market
According to a report by Golden Finance, Michael Saylor, the founder of Strategy (formerly MicroStrategy), stated that many token issuers are 'pretending' to be decentralized, but in reality, they do not want to be decentralized; instead, they are eager to enter the capital market.The use case for digital tokens is to create capital and innovation, whether it's TRUMP coin or tokens issued by people like Katy Perry or Joe Rogan, whether it's smart contract tokens or utility tokens (like those that allow me to access a music library on a website), or perhaps a super complex token and/or NFT, it is actually very convenient. However, if registered as securities, it requires significant investment; you need lawyers and accountants, and you have to invest huge sums each year to ensure compliance.
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