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What People Are Saying About the Rise of Security Tokens


 

Sunil Mirpuri:

I started reading a lot about Blockchain and I think it's a very disruptive technology. So, I'm looking at more on the infrastructure side to see what is the infrastructure that's gonna help it build and push it forward.

James Galitsis:

The more money into the space, the more Fiat money that we're able to attract, that means there's gonna be a complete flourishing of the entire Blockchain space. So, if we're able to attract real money, and I'm talking not necessarily retail investors. I'm talking about smart money and eventually institutional investors endowments. If they could actually see the value of Blockchain in of itself and we provide these security tokens as a vehicle to attract such large investors. I don't see a problem in them in the long run.

Sunil Mirpuri:

Last year, while a year was for Bitcoin, this is a year for Blockchain, and I think Blockchain is not only going to scale it's gonna get adapted. I mean, we are in the month of May and people are talking about Blockchain. Companies are looking at Blockchain and they wanna get involved in that space. So, if Blockchain is here to stay, the next push after that is gonna be security because that's gonna drive it even more higher.

Ricardo Irizarry:

As far as I know of how security tokens work there is something sort of real leveraged against the thing itself, in which case, in the same way that when you take out a loan you sort of put up some sort of collateral in order to justify you taking out the loan in the case of it falling out. The security has that same sort of recourse if something were to go wrong. Which no coin or token, utility token has today. As soon as it flops, it flops.

James Galitsis:

True utility tokens are rare and they don't work because I don't think humanity is ready for them to work. We're still very early on in the Blockchain revolution.

Ricardo Irizarry:

The whole removing of the middle man, which I know is sort of a cliché now in the Blockchain community. I think it is the most important bit because it removes the necessity of having some sort of central authority to validate transactions and relationships.

Sunil Mirpuri:

Once T0 comes on board then you have another exchange that's being quietly built. It's called San Juan Mercantile Exchange. I don't know if anybody knows about that but it's quietly being built and it's coming in I believe end of second quarter. So, you have few of these exchanges that are being built, which I believe are gonna stir up the security tokens by a milestone. I recently, I have been involved in a project from Canada and I was told that Toronto Stock Exchange may be listing them. So, they are opening up to security tokens. So, a lot is happening on the security side. This is a very changing field, I think, as we evolve in this Blockchain space. I think you would, security tokens are just gonna spike. It's just a matter of time now.

James Galitsis:

In the short term there will be an issue, in terms of liquidity in the market. Meaning, if you thought that Bitcoin would be a million dollars today and your sadly mistaken because the fact that the SCC and other regulatory bodies are stepping in it for the protection of the investors, is a good thing going forward. In the short term it doesn't really help but in the long term I really believe that it will allow for Blockchain to be a multi trillion dollar ecosystem.