BitClout

“When you buy the coin, you're not buying stock in the company, right? Those are two separate things. It's like a way to get rewards. So the reason to buy sub cloud coin is not because you get X percent of the company. It's because you get to use the platform, …”

“No, we don't charge fiat for our tool. No, we charge creator coin for our tool.”

“Yeah, you have seven, about 70 coins in circulation today. The market cap is about a 157,000 dollars, more than your personal market cap.”

“Selling coins decreases the price and kind of hurts the value of the coin itself. So the reason to raise outside funding is to give us a path where we can build this full time without like Hurting the value of the coin in the short term so we can like build fo…”

“So, like, the possibility that BitClout will eventually offer a premium newsletter where you can do a long form post to your top X holders of the coin, the possibility that actually is pretty high, I think. Very high.”

“Like, the SEC isn't going to allow that to happen, at least in America.”

“Like all of a sudden you're a stock market for private companies who don't disclose any data. And I think like the potential for fraud and the potential for hurting investors more than helping them in the longterm is pretty high there.”

“The possibility that they will also say you can access this if you pay 10 dollars a month or if you own the coin is very low. Because they want to bring people into the community. They don't want to give people that option of using fiat currency.”