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A proof of stake coin is still a coin. It's not a business. A business is an activity consisting in making products and/or services and selling them in the mar
by lottin 5y ago
A proof of stake coin is still a coin. It's not a business. A business is an activity consisting in making products and/or services and selling them in the market for a profit.
I mean, you can buy a business with a coin, or you can buy an investment product, but that wouldn't be the coin.
- Freestyler_3 5y agoExample: A company creates a coin with a maximum amount of coins, the service they sell is valued by customers, the money from customers is used to buy their own coins back and destroy them. It is not just coins, there are services tied to coins.