4 ms·
ICOs are just a marketing tool to concentrate attention and perpetuate the hype machine - supporting the structure of an ICO doesn't make the structure of these
by loceng 9y ago
ICOs are just a marketing tool to concentrate attention and perpetuate the hype machine - supporting the structure of an ICO doesn't make the structure of these crypto-assets not a Ponzi-Pyramid scheme.
Of course, people still murder other people even though it's illegal - however we put mechanisms as best we can to counteract what we feel isn't good for society, e.g. traditional Ponzi schemes ... which should have the incentivized structure of Bitcoin, Ethereum's Ether et al added to that same illegal status - if they even pass current laws, which there is some doubt to.