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September 04, 2017, 06:20:01 PM |
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Premines, fastmines, instamines, dev taxes, masternodes, centralized control of coin issuance; any of these would violate FINCEN's definition of a decentralized cryptocurrency. Any project that has these features will be hit with enforcement action, and will cease to exist as a result. Invest accordingly.
Look at Bitcoin, Monero and Litecoin to see examples of legitimate ways of running a cryptocurrency project.
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