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Here's the thing though, I did not invest in the Ethereum ICO because I considered it a scam coin. It's really easy to just say all these ICOs are scams but we
by rothbardrand 9y ago
Here's the thing though, I did not invest in the Ethereum ICO because I considered it a scam coin.
It's really easy to just say all these ICOs are scams but we have not seen many outright scams.
I have seen a lot of very young enthusiastic teams promising things that it would be very hard for them to deliver on.
And I imagine every Silicon Valley VC can see the same thing about their pitches.
How do you know which are scams and which aren't? There's no objective measure.
So basically this is banning the middle class from investing in the next massive technology cycle.
Reserving it once again only for VCs and accredited investors. Keeping the little guy out and making the rich richer.