Anyway, thinking about it more, yes we know the SEC will come down and get somebody arrested, yes some new regulation to define what an ICO will come for sure, but is regulation in crypto what really want? I mean I like Chris DeRose, I think he's great and he's someone to be listened to in the space, but did he really have to try and stir up the hornet's nest?
I think having a community that is against scammy use cases of cryptocurrency is a good thing. But we don't even have to argue about whether regulation of ICOs "in crypto" is what we really want -- securities law already exists and applies here. There's nothing magical in blockchain technology that is going to stop a scammy, ICO-creating CEO from being arrested for committing securities fraud. It's *going* to happen. Do we want to be associated with scammers, or do we want our community to self police, educate, and put more of a distance between the good uses for cryptocurrency and the bad uses for cryptocurrency, and do it on the front end?