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The naivety in the blockchain space frequently manages to blow my mind. And I live in a country where many people admire neoliberalism.
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It's important to remember the industry has three main pop. groups, with some overlap. - Teenage geniuses - Autistic technologists - Predators
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I don't even intend "autistic" in a pejorative sense, but you generally can't expect people on the spectrum to understand consensus reality.
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Teenagers are still mostly idiots, even if they have 4+ standard deviations of IQ on the average person, are hypereducated and billionaires.
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You won't get Bob and Jane to understand your space when Regius and Pontificus are flooding them with garbage sophistry. They don't care.
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If you want to be tolerated, you need to both offer something amazing to Bob and Jane *that they can understand*, and...
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... you need to make Regius and Pontificus an offer they can't refuse or they will destroy you. Utterly, unequivocally.
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If you think you rely on neither of those things to succeed, I'm sorry to say this, but you are a deluded fucking idiot.
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twitter.com/leashless/stat Here, does a thread on what blockchain peeps can do to avoid the worst of the establishment bulldozer.
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So the long anticipated ICO freeze is coming techcrunch.com/2017/12/12/sec is a good example of what's here now, and what's to come. I have three thoughts on this phenomena and how it's going to shape the markets as we go forwards into the regulated portion of the blockchain's future.
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