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From the linked reddit thread: > This is totally against the spirit and ethos of what cryptocurrency stands for. What exactly is the spirit or ethos of crypto
by beager 9y ago
From the linked reddit thread:
> This is totally against the spirit and ethos of what cryptocurrency stands for.
What exactly is the spirit or ethos of cryptocurrency? I thought the big selling point is that there is no spirit, no ethos, no regulation. Folks who are disappointed that a cryptocurrency investing channel has no safeguards against exploitation can't have it both ways.
- zby 9y agoYeah - I have been scratching my head ever since I read this.
- cslarson 9y agoFor many, even most, ICOs, actually raising the money is only part of the potential benefit. The other benefit is to bootstrap a network of users and promotors. In those terms maybe BAT failed. They could have won over 10s of thousands of users.