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This really says it all:

>It is still not entirely clear, even to some members of the consortium, how the coin will work or what their roles will be, people familiar with the project said. Regulatory hurdles in the U.S. and elsewhere are high.

You have to love when corporations and people are so FOMO they will put money into something when they don't even know how it will work.

Same happened with Theranos. Big backers for a product that no one ever got their hands on.

I mean, Thenaros showed something to their investors and regulators (lab test results) but straight up lied about how they were generating them.

So this would be more like... the Palm Foleo?

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