Ninjastic
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Topic
Board Altcoin Discussion
Re: Effects of ICO ban in China
by
Slowhand26
on 04/09/2017, 23:56:32 UTC
Quote from: woas4 on September 04, 2017, 11:48:37 PM
Quote from: nick_nick on September 04, 2017, 11:27:44 PM
What do you think will happen to crypto currencies following the latest news on the #ban on ICO in China?

will the already successful ICO's refund people's monies to them?

Is it good for governments to ban the use of crypto currencies?


Tell me what you think about any of these.  Smiley

They arent banning the use of crypto currencies, they're just putting forth a plan to start regulating ICOs to stop future scams and shady projects laundering money and getting away with millions.
I agree to this. We all know that scammers / and con-artists are very wise. They know how to plan and they really study what are the in demands today. ICO can easily be scammed, you just need to have a structured and good to be true website and plans and investors will just go invest to those. Actually ICO should really be regulated.

May I also ask, if a country will be banning activity on the internet, can they just use VPN to mask IP address and continue with these like ICO? Especially if the ICO comes from different country. Sorry for my newbie question.