Quote from: istake on September 09, 2017, 02:06:20 PM

Blockchain known for its de-centralisation properties. Is staring regulation from centralised government in the face. How will it react. I wonder how such a clash of interests would merge. Will it be good or bad?

There is a difference when we say blockchain technology and blockchain projects.
No doubt, blockchain technology is, was and will be decentralized as no one had and will be able to patent it ever. So you shouldn't fear the future of this technique.
But yes on other hand it is being excessively manipulated by shitty projects.
See what Yahoo62278, a campaign manager on forum has to say about ICOs

Quote from: yahoo62278 on September 05, 2017, 02:01:42 PM

Most of the ICOs I would consider a scam are these fly by night token ICOs. Sure, there have been a few ICOs that offered token payments that were legit but for the most part like Cryptodevil said these guys have a whopping 200$ at most wrapped up in an idea and have no intention of following through on promises. They are offering tokens basically because there's no risk to them this way.

A team spends 100-200$ and gets some wallets made and tokens produced. Then they launch their ICO(paying bounties with tokens) and if they don't make any money they can still pay out tokens and only lose the 200$ investment. Who cares if it gets listed or not in their opinion. If they don't make money obviously it's not gonna be listed. I get contacted by at least 5 companies a week that have this strategy going on.

There is great need to recify this if we wanna see bright future of cryptocurrencies. Regulation can be one solution.