PANews reported on March 29 that Michael Saylor, founder of Strategy (formerly MicroStrategy), said in an interview that many token issuers are actually "pretending" to be decentralized. They do not want to be truly decentralized, but are eager to enter the capital market.

The use case for digital tokens is to create capital and innovation, whether it's TRUMP coins, or people like Katy Perry and Joe Rogan issuing coins, whether it's smart contract tokens, or utility tokens (like giving me access to my music library on a website), or maybe a super complex token and/or NFT, which is actually very convenient. But if you register as a security, you need a lot of costs, you need lawyers and accountants, and you have to spend a lot of money every year to ensure compliance.