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doesitmakesound · 3263 days ago · link · · parent · post: The social aggregator is a terrible business model.
This has a ton of legal implication. Google the fine Ripple just received for creating and issuing their own currency/monetary instrument. Bitcoin works because it's decentralized. I am a huge crypto supporter, my brother is the founder of the exchanges, and I have been involved since 2012 but this is a really bad idea for reasons I could go further into detail on.