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Well, the biggest roadblock to that would be securities laws and their enforcement agencies. I doubt the SEC and its analogues in other nations would just sit a
by kinghajj 4y ago
Well, the biggest roadblock to that would be securities laws and their enforcement agencies. I doubt the SEC and its analogues in other nations would just sit and watch that happen.
Maybe a black-market "corporation" like a drug-smuggling ring could try something like that, but even they would have reservations.
- joshlemer 4y agoYeah most definitely it would be illegal, but the power of crypto is that illegal things become legal, or at least uncontrollable. Issuing your own currency was/is illegal, but Bitcoin's decentralized and impersonal nature made it impossible to shut down.
- sunshinerag 4y agoThere were cases that some of the earliest companies created around Bitcoin sold ownership for bitcoin only.
- codehalo 4y agoWhy does it have to be a drug-smuggling ring? Why cant it be a group of elitist wealthy do-gooders (elected and unelected), who don't want to invite the middle class in, and be subjected to the rules of Wall Street?