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What makes the loyalty rewards token a scam?
IMO, nothing at all - and this is the only use case I’ve ever thought was clear cut for altcoins.
As long as exchanges call a spade a spade don’t start proclaiming their loyalty tokens to be “decentralized” or “the next Bitcoin.”
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Very Good Question. The FACT that it's a "Mandatory" KYC registration removes all utility of $FOX token being an anonymous censorship resistant membership in need of free market price discovery. And all you have left is an uncompliant security scam.
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I understand the resistance to KYC but that’s a separate issue. Did FOX claim to be anything more than frequent flyer miles? I don’t think they set any expectations that they would be competing with XMR.
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