Still unclear. It suggests there is no point to the coin but it could be used as an asset in the future if the exchange becomes decentralised. It looks far more likely that this is just another ICO to generate funds with no real value to the token.
What I am really wondering about is Malta is not an isolated from the General laws governing the EU. If EU decides something all members must go and Malta will be part of this. So to say it’s not Virgin Islands or independent offshore heaven. So why people feel so secured about Malta? Maybe I am missing something, and would be glad to know.
But in that case, what is the point in investing? How do you see a return on your investment? That is why many ICOs are not worth investing in as there is no plan to return profits to investors.
But Berkshire invests in companies that pay dividends that grow the share price. As well as in companies that are expected to grow. Berkshire owns actual companies, debt etc. Owning these tokens does not mean you own the company, they are not shares, they have no real reason to appreciate apart from pure speculation.
Why does binnance need a coin?
Details here --> https://www.binance.com/resources/ico/Binance_WhitePaper_en.pdf
Still unclear. It suggests there is no point to the coin but it could be used as an asset in the future if the exchange becomes decentralised. It looks far more likely that this is just another ICO to generate funds with no real value to the token.
For sure, they have done it as a way to raise capital more than anything. Not a bad thing
What I am really wondering about is Malta is not an isolated from the General laws governing the EU. If EU decides something all members must go and Malta will be part of this. So to say it’s not Virgin Islands or independent offshore heaven. So why people feel so secured about Malta? Maybe I am missing something, and would be glad to know.
No reply ?
But in that case, what is the point in investing? How do you see a return on your investment? That is why many ICOs are not worth investing in as there is no plan to return profits to investors.
I guess in the same way Berkshire Hathaway doesn't pay dividends back to investors.
But Berkshire invests in companies that pay dividends that grow the share price. As well as in companies that are expected to grow. Berkshire owns actual companies, debt etc. Owning these tokens does not mean you own the company, they are not shares, they have no real reason to appreciate apart from pure speculation.