This is possibly the best news I've read in months.
Really the only thing that happened today was the removal of a gangrenous toxic appendage that was beginning to decay the core of crypto.
So many scams are going to wither away now.
Additionally, it allowed the formation of a correction/consolidation phase that was quite sorely needed IMO.
Whether the market is cauterized or allowed to heal, I don't know.
Really the only thing that happened today was the removal of a gangrenous toxic appendage that was beginning to decay the core of crypto.
So many scams are going to wither away now.
Additionally, it allowed the formation of a correction/consolidation phase that was quite sorely needed IMO.
Whether the market is cauterized or allowed to heal, I don't know.
I guess you mean ICOs.
Seems like Fluffypony's trolling video about ICOs has been taken seriously by the government.
You do not have to have seen FP's 'announcement video' to understand that the primary thing ICOs are doing is taking the already scam ridden world of Cryptocurrencies and magnifying the scummy parts to an extent it actually begins to threaten the valuable, purer aspects of the space. I am first for liberty. But it's hard not to be a little bit happy when you see the boot of an oppressive government actually come down on people who deserve it.
Well, what is happening now is also good, because it somehow cleanses the ecosystem of cryptocurrency world. It's like the Chinese government's warning about Bitcoin in 2013.