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Are you account for the damage done by restricting investment into this? They say as much money moved into ICO's in the last 6 months as VC funding in the vall
by conanbatt 9y ago
Are you account for the damage done by restricting investment into this?
They say as much money moved into ICO's in the last 6 months as VC funding in the valley. To the very least, thats double the funding for tech startups: higher wages, more founders and higher absolute investment returns.
The tragedy is that scam ICO's make it because they cant put it into better investments due to regulation. Its the classic case of a damaging restriction.
- notyourday 9y agoYes, I do. ICOs are scams.
- conanbatt 9y agoAnd in good part provoked by the regulations you are in principle protecting..the people that put money into the ICO's most likely cannot legally invest in any startup in the U.S.
- notyourday 9y agoOf course they can: they (a) lie on their attestation and (b) waive their right to sue