4 ms·
The irony of ICOs is that the very purpose nearly forbidden by the SEC and other global regulators -- namely issuing securities of a company -- is the most natu
by api 9y ago
The irony of ICOs is that the very purpose nearly forbidden by the SEC and other global regulators -- namely issuing securities of a company -- is the most natural fit.
Nobody wants a domain specific currency. If I want to purchase services whether it's from a company or from some kind of decentralized amorphous protocol I want to make that purchase in fiat cash or some general purpose crypto cash like BTC or ETH. I do not want to convert cash into some domain specific currency. That's annoying and introduces complexity, breakage, and market inefficiency.