It's like an honor system where you leave a jar of money on the table saying take one dollar.
Well.. all these guys here will empty it in a heart beat.
Morality is of no concern to these profiteers.
They want money and they want it NOW !
Even if it destroys Bitcoin / Crypto's potential.
I have always said it's the majority in control.
Since the majority are steering the ship they will run it aground for chump change.
Ideology in crypto died a long loooong time ago.. Ripple anyone ?
Uhhh ? *ANY* ICO ?
ICO = SCAM.
I have thought it happened because the dev's could not think of a better system than Bitcoin or the block-chain concept.
So they simply diverted attention from creating a better CURRENCY to block-chain associated SCHEMES ..for profit.
The users in crypto are so fucking stupid it didn't even occur to them that there may be a better system than "the Block-Chain"
But who's looking ?
ICO a "ledger" and trade it on Polo for ROI's ?
The #2 coin in crypto is not even a fucking currency for christ sakes.
It's real simple.. CRYPTO FAILED !
Bitcoin is fucked up bad and all the idiots care about is profits with ICO schemes etc.
I don't expect anyone to smarten up.. just to see more greedy stupidity until it pushes things to the breaking point. (which is why i deem it "stupidity")