“Who is the other side of these trades?” is one of the most interesting and least covered stories in a mania.https://twitter.com/nathanielpopper/status/1031574913511915520 …
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And it wasn't just the one scam! No, it was iterated scams, onions of scams where you peeled back a layer and found another scam, scam generating factories, a cottage scam industry, an Internet-born memetic scamception. But it was scams.
There is an actual dollar (or yen, or won, or whatever) underlying all of the "money" in the below statement: The ICO industry (using that term lightly) has raised ~$15 billion dollars. Zero. *Zero.* That is how many actual, usable products have shipped.
Remember Cryptokitties? Cryptokitties is not just a joke; Cryptokitties got a lot of press coverage because it was the only thing running on the Ethereum network which was not either an explicit Ponzi scheme or an ICO. ICOs—investment scams—are Ethereum's killer app.
Was that accidental? No. Platforms don't accidental the top use case on their home page. (Ctrl-F for "Kickstart a project with a trustless crowdsale", which is the barest possible fig leaf over the Howey test.)
Your CEO invested in @StellarOrg though. 
The signal to noise ratio in crypto projects is very low but the signal is as world changing as the internet. #Bitcoin
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