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> ICOs are like lottery tickets Actually in most countries lotteries are pretty heavily regulated to ensure that they are indeed redistributing a share of tick
by m-i-l 7y ago
> ICOs are like lottery tickets
Actually in most countries lotteries are pretty heavily regulated to ensure that they are indeed redistributing a share of ticket sales as winnings and are also fairly selecting winners. ICOs are like unregulated lotteries that might intend to keep the proceeds from all "investments" to themselves and/or unfairly distribute to insiders like the "influencers". Opportunity makes a thief.