Re: Should ICOs be regulated

Absolutely not, regulation is harmful and does not affect scam. Scammers will find a way to bypass the regulation and we will just get extra difficulties.
We dont need no regulation.

Lol when you must have passed the verification before try to issuing your ico and you must do that. Do you wanna get jailed by the police. So many scammers have already arrested and a few people that created bitconnect already arrested into the jail.

Verification will stop scammers? Are you serious?

People really believe that even if some measures like KYC have shown that you cannot stop scammers and instead you are giving them even more tools, icos are now asking for that information and since many of them are scams not only they get your money they also get your personal information that they can sell in the black markets and there is nothing you can do to stop them.

But remember the audir from the trusted 3rd party can be considered as a reliable way to avoid or prevent the scam ico. Look at binance how thousand of people are beliving in it because they can be trusted to verify the ico.