[ExI] Initial Coin Offerings Horrify a Former S.E.C. Regulator

[Brent Allsop]

Cardano, interesting. I haven't really heard of that.


What are their governance policies?

I don’t see they have any single genius guy at the top (Vitalic Buterin),
like Linus Torvalds, that everyone will follow, no matter what.  Because
Bitcoin lacks this is why they can’t make any decisions.

What is their inflation or new coin policy?

Ether has a huge eco system including the Etherium Alliance with hundreds
of big company members/supporters.

I don't see any evidence that Cardano has anything even close to this?

Even if Cardano comes up with some new technology that is great, what is to
stop the Huge Etherium Alliance to just easly adopt it?  I.E. At least
Cardano doesn’t use POW (proof of waist?), but unlike Bitcoin, Ether is in
the process of abandoning POW.



In reply to Angel’s question about Litecoin, I’m not aware of any evidence
that they have anything significantly better than Bitcoin.



On Fri, Dec 1, 2017 at 11:28 AM, J.R. Jones <mrjones2020 at gmail.com> wrote:

> Cardano (ADA) is the up n comer, set up to dethrone Eth, and possibly BTC.
> BTC is more suited for storage of wealth, not for day to day transactions.
> ADA is going to blow up. It recently went 4-5x, and it's got WAY more to
> go.
>
> On Thu, Nov 30, 2017, 19:31 Stathis Papaioannou <stathisp at gmail.com>
> wrote:
>
>> On 1 December 2017 at 07:38, Brent Allsop <brent.allsop at gmail.com> wrote:
>>
>>> Wow, exciting news Jeff, thanks for letting us know about all that.
>>>
>>> I'd be interested to know how many people here think Ether, or any other
>>> crypto currency, will vastly outgrow Bitcoin durring the next few years.
>>>
>>
>> On the face of it Ethereum has vastly more potential utility than Bitcoin
>> but there is only a loose link between utility of the Ethereum network and
>> value of Ether, the Ethereum token.
>>
>>
>> --
>> Stathis Papaioannou
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>
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