My question, BitcoinTalk, is whether you think there can be benefit to adding yet another token backed by Bitcoin in the same manner but with hard KYC/AML rules on entry (buyin) and exit (payout) of the token?
Imho it's worse than useless.
It's useless because there is already a crypto currency with the value of 1 BTC, called, you know, Bitcoin.
And it's worse because of the KYC.