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Topic: Are Most Cryptocurrencies Doomed to Collapse — because they’re “ICO-issued”? - page 4. (Read 3401 times)

full member
Activity: 267
Merit: 100

Crypto could be illegalized everywhere and we would still be able to use it, they could have stopped it in 2009 but now it's too late. No matter what we will be able to use and trade crypto.

I would not worry about this.



You apparently haven't read the linked blog.

Cryptocurrencies issued such that they aren't investment securities (such as issued with non-sneaky, fully competitive proof-of-work) are exempt from SEC and FinCEN regulations.
All "ICO-issued" (and that includes obfuscating sneaky mine/burn scams such as Dash, Bytecoin, Byteball, etc) tokens will not function as cryptocurrencies for the reasons stated in the blog.

If you're going to attempt to refute the blog, then please actually refute the points in the blog.


I read the blog, who cares if they aren't investment securities? And there are coins that will still be legal because they didn't have an ico
hero member
Activity: 568
Merit: 703

Crypto could be illegalized everywhere and we would still be able to use it, they could have stopped it in 2009 but now it's too late. No matter what we will be able to use and trade crypto.

I would not worry about this.



You apparently haven't read the linked blog.

Cryptocurrencies issued such that they aren't investment securities (such as issued with non-sneaky, fully competitive proof-of-work) are exempt from SEC and FinCEN regulations.
All "ICO-issued" (and that includes obfuscating sneaky mine/burn scams such as Dash, Bytecoin, Byteball, etc) tokens will not function as cryptocurrencies for the reasons stated in the blog.

If you're going to attempt to refute the blog, then please actually refute the points in the blog.


full member
Activity: 267
Merit: 100

Crypto could be illegalized everywhere and we would still be able to use it, they could have stopped it in 2009 but now it's too late. No matter what we will be able to use and trade crypto.

I would not worry about this.
full member
Activity: 294
Merit: 100
Advertising..... All cryptocurrency released by the ICO is very easy to "make friends" with the law - you just need to make a legitimate Ethereum, waves and other major platforms to forks.
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