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

[spike]

From: extropy-chat [mailto:extropy-chat-bounces at lists.extropy.org] On Behalf Of Stathis Papaioannou
Sent: Tuesday, November 28, 2017 11:53 PM
To: ExI chat list <extropy-chat at lists.extropy.org>
Subject: Re: [ExI] Initial Coin Offerings Horrify a Former S.E.C. Regulator

 

 

 

On 29 November 2017 at 16:46, Adrian Tymes <atymes at gmail.com <mailto:atymes at gmail.com> > wrote:

https://www.nytimes.com/2017/11/26/business/initial-coin-offering-critic.html

Jeff, and anyone else involved in ICOs: your thoughts?

 

>>…There are no rules at all. The underlying projects are often very vaguely described, there is often little prospect for profit even if the project succeeds, and even if there is profit the holders of the coins are not usually entitled to any of it. 
-- 

Stathis Papaioannou

 

 

It’s 1999 again!

 

spike

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