Normally I'm not a big fan of institutions trying to govern things but this is necessary. Poor guys getting screwed over all the time. Look at Confido.
I'm glad to hear of ICO's that are acknowledging the importance of regulatory compliance. While I am pro free market, some level of regulation protects the general public by ensuring they are given accurate information.
The main question - why it is not regulated now? Drastic measures should be taken about this shady-ass ICO's. I mean, as a crowdfunding method ICO is good, the best one method. But all the scammers came out, and unawareness of people - are toxic for the whole cryptosphere.
Sure! It cannot be regulated actually, just cannot be on the code layer. The only way to regulate is to shutdown the entire internet! So these guys don't really understand that the only thing they can do - continue imitating benefits of their existence as government
Normally I'm not a big fan of institutions trying to govern things but this is necessary. Poor guys getting screwed over all the time. Look at Confido.
Honestly though, if you did ten minutes of research on Confido you could see it was a sham
Yeah well, everybody wants a piece of a 53345% ROI ICO lol, don't think that's gonna happen again
I'm glad to hear of ICO's that are acknowledging the importance of regulatory compliance. While I am pro free market, some level of regulation protects the general public by ensuring they are given accurate information.
The main question - why it is not regulated now? Drastic measures should be taken about this shady-ass ICO's. I mean, as a crowdfunding method ICO is good, the best one method. But all the scammers came out, and unawareness of people - are toxic for the whole cryptosphere.
Because it's happened so fast.. Government's can only regulate so quickly..
Also, crypto is inherently an anti-regulatory community, so they obviously haven't "welcomed" it
Sure! It cannot be regulated actually, just cannot be on the code layer. The only way to regulate is to shutdown the entire internet! So these guys don't really understand that the only thing they can do - continue imitating benefits of their existence as government