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RE: Thoughts about Security Tokens

in #security5 years ago (edited)

Fully agree with everything you've said. Another thing I have to add is that companies and Airbnb and Uber are still facing all sorts of regulation threats and multiple ongoing lawsuits. If they waited to get the legal stuff all cler across the globe, non of the founders would have been billionaires and we wouldn't be getting all these world changing services.

It's good to do the basic stuff to stay way from legal crackdowns. But there is technology that can make governments helpless when it comes to enforcing things. The only problem is lack of adoption. For an example Komodo has Decentralized ICOs which cannot be shut down without shutting down Komodo network which would require taking down all of the nodes or attacking BTC blockchain (Komodo recycles mining power of BTC)

No government has been able to effectively combat torrents. Nobody really makes money with torrents. Crypto is the same stuff but with real money and far more development involved. The biggest problem is the lack of adoption.

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hi @vimukthi

Another thing I have to add is that companies and Airbnb and Uber are still facing all sorts of regulation threats and multiple ongoing lawsuits

Oh, I didn't know that. Seriously are all those giant businesses having issues with breaking regulations?

The biggest problem is the lack of adoption.

You nailed it.

Yours, Piotr

The lawsuits are mostly from worker unions and cities. Here are few of many:






That's just a few.

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