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ICO = IPO without all those pesky regulations and gated access. Which is both good and bad, of course.
by pmarreck 9y ago
ICO = IPO without all those pesky regulations and gated access.
Which is both good and bad, of course.
- orthecreedence 9y agoNo, it's just bad. It's the stupidest thing ever. ICOs are so incredibly stupid that it's mind boggling. "Hey, give us $50,000 and we'll give you a token that will hopefully be worth 10x once we dupe a bunch of other suckers like you! If you're really, really lucky we'll build something marginally useful and might even use that token you bought to power it! Now you can use your $50,000 in tokens to power a decentralized photo sharing app that you could have gotten for free by just using google drive! Woww!"