RE: Welcome To Bitcoin's "Trough Of Disillusionment"
@zer0hedge.I stopped reading when the writer said he doesnt understand ICOs nor the value of the token. Fucking moron. Then dont write about it, period. In many ICO's you are essentially purchasing in anticipation of the future demand of the protocol and or blockchain, and or service provided. The demand, let thar sink in. Many of the companies require use of their token and for good reason. Its similar to purchasing 4GLTE data at an enormous discount at the time when 2G was the craze. And then doing whatever you wanted with that data when 4glte blew up. you call a "pseudonymous public ledger" I call an indexed, encrypted, read-only transaction file. But that's just me with a computer science degree and working for twenty-five years in the business. It's stupid hype from people spouting tech jargon they don't understand. Listen up Buck, you can't spend it and even if the gas station took BC you'd have to wait an hour for transaction to confirm before you could drive away. Explain to me how something that clumsy is going to change the world.