You know back in my day when a coin was launched as an IPO / ICO it was considered a scam..
They are still considered scam. All of them.
That does not necessarily mean that all are scams.
No but I explained how bad is bad ever since over and over.
Problem is people show up making dumb excuses like I need to be paid...
Which does not make them good.
They are not an improvement over Bitcoin.
So if the Altcoin in question is worse than BTC.. We have a problem.
It's not about right or wrong.
It's about progress and success.
And no one watching this ICO shit thinks it will end well.
You all keep lowering the bar on ideology.
For example..
If users are willing to hand over their picture ID to Coinbase?
While they hand it over to govt agents who get us arrested (Kickasstorrents)
How can we expect decentralized exchanges to take over.
And the ICO is centralization to the extreme and as exploitable as possible.
The initial distribution is as important as the properties of the coin itself..
So I have a problem when people imply the scammy ends justify the means.
I say this so crypto can be successful.
I don't care about your scammy short term profits.
And you scammy losers don't care about crypto.
Pretty simple really.. ICO=SCAM.
