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After this bubble inevitably collapses, the dumb money will largely exit and people will be forced to deal with smart money. Moreover, regulatory agencies won't
by Thriptic 9y ago
After this bubble inevitably collapses, the dumb money will largely exit and people will be forced to deal with smart money. Moreover, regulatory agencies won't tolerate this level of fraud long term. Either ICOs need some sort of regulator or they will be banned.
- TeMPOraL 9y agoAssuming crypto survives (I personally hope it doesn't), escrow will happen - after the bubble collapses and the dumb money exits the market.
- landryraccoon 9y agoThat's a big gamble. If that's what you're banking on there's a high risk that regulators will simply overreach and ban any type of ICO, or at least ban ICOs except to "accredited investors". You could build a trust system nobody trusts anyway, because the concept is discredited.