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ted (not lasso)
@ted
pretty sure revenue coins are considered securities btw they do exist, but you don’t “see” them in plain sight because we can’t market that a coin will generate users a profit unless you want the SEC at your door instead, they’re cleverly designed, named, and marketed by smart teams who play by the rules
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Monteluna
@monteluna
Why do even crypto people not get there's an extreme difference between some company tokenizing their stock and promising to give dividends from off chain activity, and an actual programmatic utility token that has smart contract guarantees of fee payment flow? If one does understand this distinction, the *last* thing we should want are tokenized equities. No, I don't want fractional ownership of a coffee shop dividend token, because the activity is offchain and there's no guarantee the owner will distribute funds to me.
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