Many regulators are quick to apply existing compliance practices that treat tokens as a security, therefore elevating the barriers and costs of implementation for entrepreneurs.
Tags: compliance, therefore, barriers, security, treat

Other Quotes by "William Mougayar"

Owning a token bestows a right that results in product usage, a governance action, a given contribution, voting, or plain access to the product or market.
Tags: contribution, right, voting, action
Crowdsourced funding via cryptocurrencies is a viable practice. A lot of good ideas and innovative companies are coming out of it. This segment is creating thousands of jobs and companies all over the world.
Tags: ideas, practice, world, good
Most blockchain platforms don't share that much in common, resulting in choice lock-ins, lack of interoperability, and potentially dead-ends that are hard to untangle.
Tags: most, blockchain, choice, hard
The token itself is not your new business model. What the token enables for you and for your users is the key part to focus on.
Tags: new, focus, business, you
Cryptocurrencies are not evil and are not for money launderers and scammers. They are for entrepreneurs, technologists, change-the-world dreamers, and anyone who believes they can (and will) enable new business models, new types of organizations, and new ways to service consumers and businesses alike.
Tags: evil, service, money, business
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