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That's like arguing the US dollar "struggles under the weight" of failed crowdfunded startups, ICOs being almost perfect analogues to them financially. The onl
by nebabyte 9y ago
That's like arguing the US dollar "struggles under the weight" of failed crowdfunded startups, ICOs being almost perfect analogues to them financially.
The only "sufferers" are the investors too dumb to do their homework. Thousands of failed real-world startups haven't killed SV's lustful search for the next big unicorn either; in both cases you have what's essentially a lottery and new suckers along every minute thinking they're going to make it big.
- nivertech 9y agoCrowdfunding (kickstarters, etc.) is an expendable income. ICOs are investments and speculation, sometimes on margin.