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RE: Messaging App Telegram Plans Revolutionary New Blockchain & Largest ICO Ever! ($1.2bln)

in #cryptocurrency7 years ago

Buried the lead there, brother. Minimum investment amount of $1M USD? This concerns me. How will crypto look in 10 years if many of the big players are quasi-centralized systems? Then add in only big players gaining from parabolic token appreciation.... we end up with a digital version of our current model. All the profits go to a few private hands while the public fights over crumbs. I'm optimistic the truly decentralized blockchains will retain value due to their decentralized nature and the security that offers. Not trying to be a bummer or a "negative nancy" but just calling em as I see em.