Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
R-J-F
on 05/09/2017, 18:00:25 UTC
Hey Guys , Komodo team . This message is dedicated to you..

I’m one of your investors from ICO. We crossed fingers in you for longer time right now and we believe right now you have unfair opportunity!

That’s why I’m writing this post. Hopefully people may think the same and you see this asap. We are strong together!

We all want success of Komodo and price in the sky.

Last days luckily you shared with news that in 3 days you are revealing great updates..

COOL!

And right now we have HUGE crisis coming from CHINA who prohibited ICO.

I’m not tech guy, but look… what if you use your protecting privacy system, to let everyone invest in ICO, … being anonymous and do the same ..

We could show to people that Komodo is like „PROXY” for all people in China who want to invest in ICO.. Of course China gov will hate you, but who cares..

People need freedom in decisions what they do with their money.

Why you ? Because you attracted everyone eyes ! USE THIS CHANCE ! It’s your UNIQUE OPPORTUNITY to grow like crazy, while everyone cry Smiley  

If you didn’t plan it already, it’s still enough time to make some connections, contacts and statements.

Just DO IT! Smiley It will be great job. Your investors count on you.


Personally, I don't see the ICO ban as a "huge crisis", I see it as inevitable. In fact, I'm surprised they allowed ICOs to go on as long as they did. Perhaps, with time and education, they will come up with reasonable regulation and allow them to continue but, don't bet on it, it was really pushing luck. There will be others so, don't be surprised when your country, or mine, enacts laws to control ICOs as well. Remember, thats not the core use for crypto but, it could easily become the core abuse.




I don't see what all the fuss is about. Sure for people who think crypto is just some gee-wiz hot new tech and don't understand the corruption of fiat currency, this regulation makes sense to them. For people that believe in decentralization and subsequently projects like this, how exactly does this regulation apply? Sure, it makes it less convenient for people trying to raise funds, but how exactly do they regulate people from starting new coins and... offering them to the public? If you're going to run a company under the strata of existing legislation, sure this type of thing affects you. Otherwise, sounds like theres not much they can do to differentiate this from established coins.

Well, lets face reality shall we? First off, an online company that is planning an ICO in China, or any other restrictive country, and it's principles and workers, must be totally anonymous with no way to connect them to the real world or the government will be able to control you and penalize you if they see fit. ICOs are a bit different than just trading coins, they expose real world players in most cases. Don't get me wrong, I'm all for decentralized business and money but, the oppressive governments of the world are not and they will find a way to stop what they can.

Allowing crypro currency to exist is different from allowing decentralized companies that have to interact with the brick and mortar world. There's not much that can be done to stop Bitcoin and others at the moment but, there are ways to stop ICOs especially if jail time is the result of investing or starting one. Remember, not all world governments believe you have the right to anything they haven't sanctioned. But then, there's always Tor, for now...