compliance wise we are prepared for what's to come in terms of compliance and regulation.
I appreciate your commitment to compliance and regulations, you know, after what happened to Ripple.
We don't know if Elitium will be able to grow big like Ripple, but if the stars all aligned in Elitium's fortune, we don't want to hear the same issue happens and destroy all the good work.
Keep doing your good work guys!
Thanks.. Yes sustainability and focus on long term value / utility instead of chasing short term profits is a key factor of our business. That's also why we never did an ICO and decided to fund the business ourselves and build a strong private investor network around us to keep selling pressure low and be able to protect investors in the future.
Regulation will come. Watch what will happen in 2021 when authorities start realizing what's happening in this market and how fast it grows. Laws will come and we have to compare ourselves with traditional Banks and look at their compliance.
Doesn't mean all crypto's need the same amount of regulation yet, but it's always good to be aware and have a plan! This is the most fundamental basis.