3. Capabilities — read the risk of each before enabling it
Mintable
The admin can create new tokens at any time (up to max supply, if set), diluting every existing holder's share without their consent.
Blacklistable
The admin can freeze any single address's ability to send or receive this token at any time, for any reason, with no on-chain appeal mechanism.
Freezable
The admin can pause ALL transfers of this token for ALL holders at any time -- a global kill switch, not limited to specific addresses.
No optional capabilities selected -- this token, once deployed, can never be minted further, and no address can ever be blacklisted or transfers frozen. These properties are permanent and cannot be added later.