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RE: Pillar Token Update: Pillar Project Update 22 January 2018 - Wallet Update - Next Live Demo

in #cryptocurrency7 years ago

While there are many good things I can say about the Pillar project and the Pillar wallet, I am not a fan of coupling the KYC/AML stuff with a wallet. I can see the potential where you could be prevented from doing a peer-to-peer coin/token transfer due to regulations in a person's jurisdiction.
I do not like being restricted from participating in ICO/TGE's due to potential regulations, but I understand it from the offer's (company's) viewpoint. However, once on a peer-to-peer exchange, there should be no regulations restricting one-party from entering into an agreement with another party, *freedom of commerce/free market.

I say all of this because, I believe the Pillar wallet will the "it" wallet of the masses in the mass adoption phase of cryptos. I am just not certain at this point that I will be using the Pillar wallet. For that reason, this token is more of a trading opportunity for me.

Have a great week!
Steem on,
Mike