paul arssov
1 min readOct 12, 2019

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Bitcoin, Ethereum and other early blockchain projects are not businesses;

a business may become a ‘tenant’ on a successful blockchain (for ex. creating ERC-20 token on Ethereum blockchain);

without the need to maintain a blockchain and mine coins there is big potential for fraud — as the creator/business can issue an amount of tokens at any time, and offer to speculators below market value;

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paul arssov
paul arssov

Written by paul arssov

Creating the decentralized web — https://decentralizeweb.org, building a decentralized communication platform

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