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My previous summary of ICOs: https://davidgerard.co.uk/blockchain/icos-magic-beans-and-bubble-machines/ https://davidgerard.co.uk/blockchain/icos-magic-beans-an
by davidgerard 9y ago
My previous summary of ICOs: https://davidgerard.co.uk/blockchain/icos-magic-beans-and-bubble-machines/ https://davidgerard.co.uk/blockchain/icos-magic-beans-and-bu...
Truly the least substantial asset I have ever seen. I hope the SEC goes feral on them, and soon.
- bpicolo 9y agoPretty much every ICO is already excluding US customers out of SEC fears
- davidgerard 9y agoAnd yet EOS.io had billboards in the US. Unless ICOs can show positive action to try to stop US buyers, they may have trouble - the SEC specifically stated it was going to look at what actually happens (does it look like a security offering that allows US buyers) over the boilerplate.
- hackinthebochs 9y ago>I hope the SEC goes feral on them, and soon. Why? Are you concerned about unsuspecting investors being scammed? Or are you hoping the SEC will swoop in and "prove you right" by regulating the value of this ecosystem to zero?
- davidgerard 9y agoThe unsuspecting investors. Crypto scammers are now targeting retirees, for example. e-Toro have ads on the tube. I think it's actually unethical to be marketing cryptos to the general public.