Quote from: sylance on September 07, 2017, 09:55:44 PM

Quote from: onyebuchi81 on September 07, 2017, 09:30:07 PM

came across this coin[jesuscoin] and after reading the white paper i had to laugh for a while and then felt insulted as a christian .i think the ICO game is getting out of hand if not controlled properly.i now understood better why the Chinese government had to place a ban on ICOs.Visite the site if u haven't and drop ur comments below

Let me ask you this... did you invest? Did you need a government to come in and tell you what's good for you? I've said it before, but let me say it again... we're all here because of what governments do to fiat, and now some of us are asking governments to come and regulate crypto.

What makes you think a government will regulate ICO's and stop there? What makes you think a government will not force bitcoin to increase it's 21-million supply 'for the good of the people?' That might sound crazy because bitcoin is decentralized, but if enough people ask the government to protect them from these evil ICO's then those same people will ask their wonderful and corruption free governments to regulate bitcoin.

Governments are going to try to regulate crypto the same way they try to regulate everything else, that is nothing new, but people need to stop being so innocent, do not invest in an ICO because it has a nice website with a nice presentation, if people took the time to read the white paper and look at the project 90% of the icos will fail and we will not have the problem of people asking for a regulation on icos.