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but isn't that just taking advantage of a (temporary) loop hole? The real problem there imho is that for some reason the government has decided that oh we need
by chadcmulligan 9y ago
but isn't that just taking advantage of a (temporary) loop hole? The real problem there imho is that for some reason the government has decided that oh we need to step in and protect the unwise. Strangely this is by the same people that say government shouldn't be involved in the financial markets. There is no guarantee that having an ICO makes the investment any more bullet proof.
- adventured 9y ago> There is no guarantee that having an ICO makes the investment any more bullet proof. Right now it's the exact opposite. There's nothing less bullet-proof (eg in the US) than investing into an ICO, outside of perhaps junk penny stocks.
- dreit1 9y agoEntire industries can be built on regulatory loopholes, Uber and Lyft come to mind. Cryptocurrencies are forcing govts to reexamine regulations that I argue are generally favorable to massive institutions/ high net worth individuals and unfavorable to the small timers