Quote from: Mendeleev on May 13, 2017, 10:56:42 AM

Quote from: MalReynolds on May 13, 2017, 10:15:49 AM

Quote from: Wapinter on May 13, 2017, 10:00:26 AM

I still didn't get why ICONOMI changed their original plan of distributing dividend to buyback. If Taas can pay dividend, why can't ICONOMI?

ICONOMI has become concerned about getting in trouble with the American SEC as an unregulated security. Many think poloniex will not list ICN because of this. So the devs changed from dividends to buyback-and-burn to distribute profits. This will make ICN increasingly rare.

TaaS has yet to distribute a dividend. They may change plans too.

ICN would still be classed as a security. Buybacks won't change that. I think there's more going on with regards to the whole buybacks/exchanges thing.

As for TaaS, I guess we'll have to wait and see.

Unfortunately I don't see Americans getting a piece of the crypto based funds anytime soon unless using an alternative identities and VPNs. Uncle Sam will need to shake off these laws that were written 50 years ago and stop "protecting" the small and medium investors. And I don't think it will happen anytime soon - there are just too many interests, money and control involved.

Sadly that USA is one of the most hypocrite places in the world (on the macro level)