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RE: IS FUTURE OF ICO THREATENED BY SECURITY TOKENS? Share your view with us.
Your wallet memo brought me here. Well written article. There will always be those who want to regulate other people's work to make a buck and hold power and certain kinds of regulatory framework has its benefits too (such as fraud protection). People should be free to invest in whatever they want as long as their investment doesn't violate the NAP (terrorism, theft, assassinations, cyber attacks etc.)
We Already Have A Solution
Look into Komodo Decentralized ICOs. You know how crypo are unstoppable. No government can shut down STEEM/EOS or even something like torrent files. Decntralized ICOs does the same for ICOs. Everything is handled P2P on Komodo network.
Look it up. You'll love it.
Amazing comment @vimukthi
You've mentioned that no gov can shut down STEEM/EOS. And most likely you're right. But they may easily force all major exchanges to remove them from their listings. Or spread some extra FUD which would destroy value of those crypto.
I will also look into Komodo. I found topic related to STO very interesting.
Cheers
Piotr
The governments will have to work with each other and it'll be little tough as many exchanges have established their operations around more crypto-friendly jurisdictions. But since 99.99% volume comes from centralized exchanges, the price would take a massive hit. But DEX will have a great time after that.
Is this a brave new world for the concept of money?
You bet!
(Money = value)
(What is value-able?)
(Work, time, energy, etc.) x (time/energy cost)
Im very sorry for such a late reply @vimukthi
Thank you for being so responsive. Steemit needs people like you.
yours
Piotr