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0 pointsmarcus_holmes8y ago0 comments

> ICO's fundamentally change the nature of global marketplace dynamics. Whether its stocks, bonds, tokens, or whatever other digital asset, it is now shown that these items can be traded by anyone, anywhere, and anytime.

Sorry, what? this is literally untrue, and pure bullshit.

Anyone can buy any of these at any time already. There are online marketplaces that trade these things 24/7.

The only restriction is that a potential investor has to prove that they realise that the value of an investment can go down as well as up. That, in other words, they're not an idiot, and won't demand that the government "do something about it" when their investment tanks.

Of course, because of that niggling little regulation, you can't spam everyone with ridiculous promises of untold wealth if they'll only invest their life savings in the latest ponzi scheme. Until ponzicoin came along, of course.

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dreit18y ago

"The only restriction is that a potential investor has to prove that they realise that the value of an investment can go down as well as up. That, in other words, they're not an idiot, and won't demand that the government "do something about it" when their investment tanks."

So you're saying that isn't possible? Very few people in the ICO space are demanding the government do anything.

Also live outside of the US and you'll realize how untrue your statement is. You'll see very quickly that many services that deal with asset trading are region locked (Robin Hood) for example

j / k navigate · click thread line to collapse

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dreit18y ago

So you're saying that isn't possible? Very few people in the ICO space are demanding the government do anything.

Also live outside of the US and you'll realize how untrue your statement is. You'll see very quickly that many services that deal with asset trading are region locked (Robin Hood) for example

j / k navigate · click thread line to collapse