Even people who *like* ICOs say that the reason they like them is they enable you to do unregistered securities offerings. That’s not a bug.
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What’s the SEC going to do? Say “Well you did just raise several hundred million in capital from ordinary Americans... but crypto.”
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My little sister is on the software ip team there
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yeah my internal alarm bells and red flags have been flying high with cryptocurrency and especially ICOs. Seems super shady.
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And of course, investment banker interest has only made me ever more skeptical. Like, of course they want easy money from dopes.
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idea: ICO where each token is tied to a share in a barrel of whiskey
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Anybody else smell that? It smells like confirmation bias is in the air this morning ;)
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No, they are securities where you pay with real money for .... zero ownership in the company!
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