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It pisses me off when readers waste my expensive time by ignoring what I already wrote twice in this thread. This makes three times. Please readers don't make me teach this again by writing another post which ignores my prior points.
You write alot, hard to keep up. and if you spend so much time here, I doubt its expensive, seems more of a hobby to you.
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1. I already provided the link to the thread two or three times in this thread, which explains that ICOs sold to non-accredited USA investors are ostensibly illegal.
Again with the US.. THAT doesnt make WAVES a scam, makes it ilegal to invest at the US, at best!
Scammers are people who say 1 thing, then RUN AWAY to hawai with your btc.
And I think all of us were hurt in a way by such people..
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2. They contribute to the mainstream thinking that crypto-currency is a scam and thus we will have great difficulty getting CC widely adopted if don't put a stop to these scams.
The opposite, many of my non crypto friends, are now interested in this area cuz of its massive advance in services.
It made crypto belong to all of the world, NOT JUST MINERS and tech people, that is unfair.
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I hate ICOs by now for other reasons:
3. They extract capital to a few scammers, which could be better uses to build our real ecosystems that are not vaporware and have real decentralized designs, such as Bitcoin and Monero.
3. They extract capital to a few scammers, which could be better uses to build our real ecosystems that are not vaporware and have real decentralized designs, such as Bitcoin and Monero.
really, monero?
I rest my case here, even if you are a monero troll or not.
Monero has nothing new to offer to our changing world.
Its a coin of the past, and it seems we found your sensor/heart/motive.
And if the 3 pools of bitcoin is considered decetralized for you, than i dont know what else to say.
Its far from perfect decetralized design, yet.
DPOS / LPOS are decetralized designs btw, some say more than pow's pools. (vitalik himself said it)
delegates and votes create a fine decentralized system.
and by spreading the ico tokens by 2k-4k investors, is a nice INITIAL spread before exchanges kick in.