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RE: China officially banned ICOs - People's Bank of China issues formal notice

in #ethereum7 years ago

Far too much FUD. The headlines cause mass fear for no reason. People need to read the titles correctly. This is ICO's - a lot of which have no product and development. Everyone is simply dumping their money in a white paper that aims to never deliver. This is a positive step. Let us fund projects that aim to improve the world and actually work like IOTA. Guys, this is not bad news. Read between the lines!

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I'm having the exact same thought: this is not bad news actually