Where to for crypto?
Right now, it is like a daily game of minesweeper. One second, it is here to take over and the next the Chinese gov is shutting down the biggest portion of miners in the world. You have rumors of GS initiating a crypto trading desk and a coin based on a dog meme somehow worth a disgusting amount. I have seen investment proposals seeking half a billion dollars. There is a desire in me to believe that ICOs can become the new IPOs. In essence, the token as a mechanism to raise capital nearly looks genius in current market conditions for a public company. You protect shareholders from the typical dilution of a stock offering and potentially give them a temporary boost on announcing a deal.
Still figuring out how this all works. Is this a post that can engage conversation?
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Interesting
I will follow you to see your future posts! +upvote
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