Quote from: ChromaticStar on September 29, 2017, 12:24:24 AM

Quote from: Hyperme.sh on September 28, 2017, 11:38:14 PM

Quote from: e11io on September 28, 2017, 11:33:02 PM

Re: Don't be afraid of ICOs

What are your thoughts on this?

Study the facts.

Be afraid of every token sale which is not locked on the blockchain for 3 years before trading (or unless its a registered security and you only expect to sell it to other investors on registered exchanges). Your token will likely get delisted eventually from exchanges (unless it can be registered which is not the case for all the current token sales). Legal and criminal implications for you personally possibly for illegal trading on unregistered exchanges.

Crackdowns are coming eventually. China just the first salvo of what is coming from regulators in major nations.

How can you force someone to delist or not trade on a decentralized exchange? They are not a person or a place. A ruling like that is impossible to enforce.

Click the link provided. The linked post contains a link to a blog I wrote. In that blog youll find the explanation. See the photo of Irwin Schiff who died in prison and read the text in that section of the blog. The investors in the affluent nations pay their taxes (shadow economy is tiny) and they account for 80 - 90% of the investments, and they have to report all their itemized capital gains. Thus the data will be there for authorities on who is trading illegal tokens. Investors will stop incriminating themselves and thus stop buying these illegal tokens even decentralized.

The G20 began in 2017 to share all tax data with each other.

Come on kids (not you but others who may be investing their lunch money). Time to grow up and learn how the real world operates. Get off your mothers sofa, put the Xbox controller down, and realize the world isnt like your fantasy.

Decentralization will be useful, but probably not to defeat the tax man in terms of reporting.