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RE: A Looming "Enron-esque" Cancer Growing in the Cryptocurrency Industry?

in #citcoin7 years ago

This article is so insightful! I appreciate the perspective. This article proposes a well-founded warning on conditions in the market. I appreciate that you took the time to write it. It is our human nature that gives us such unfounded possibilities and yet it is our very human nature that is also our greatest downfall. I absolutely agree with you that it would be in our benefit if the people stepped in and took the proper measures before the government steps in. It is purely idealistic to think the human beings won't act like human beings. I wonder what the process would be in demanding these types of standards. I suppose the initial process would start with an Ico that has the foresight and character to implement these standards on themselves. That way the natural inclination of the market would be to gravitate towards the coins that offer the safest options. It would be in their favor to do so. It would also offer them an advantage over their competition. And usually the first companies to implement a groundbreaking change are the ones that benefit the most from it. The average person is too bombarded by life circumstances to have much influence on a change of this nature. Yet wise entrepreneurs have always been the Catalyst for change.