4 ms·
I think alot of ICOs should be looked at as prepaid gift cards. If a new target store was about to open up in my area I might buy a few dollars worth of gift ca
by sharemywin 9y ago
I think alot of ICOs should be looked at as prepaid gift cards. If a new target store was about to open up in my area I might buy a few dollars worth of gift cards at X% off to help the store open, but I wouldn't invest my life savings in it.
- sharemywin 9y agoI kind of feel the US/SEC should let people invest up to 1% of their annual income in what ever scheme they want to. gambling, lotto, other schemes/"investments". maybe even let it be tax deductible. a lot would get flushed down the toilet, but I can dump unlimited amounts of money into being a bad consumer.
- robk 9y agoGood luck ever closing the floodgates if you allow 1%. People will then consider it a free for all and if they invest their whole account how are you even going to punish them?
- sharemywin 9y agomaybe set up a special account similar to an IRA.