Post
Topic
Board Altcoin Discussion
Re: Many ICO / altcoin scams?
by
Nevsky
on 10/10/2019, 17:19:33 UTC
Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.


Agree. But there are some possible options here where escrow or some other mechanism protects investors from scammers. Lack of regulation makes people think about different scam schemes more often Smiley
In any case, the market will survive this unfavorable stage in life and begin a new epic. ICO ended, started IEO. Who knows what else will come up to attract investment. One thing I can say is the ICO market had long had to be regulated by law. Maybe this will get rid of fraud.