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RE: Cryptovalley's stumble

in #cryptocurrencies7 years ago

in my opinion i would think that finma will be open in this topic. That some form of regulation is needed is without a doubt but the country as such needs the income that will flow out of all this money moving here. They can only operate for so long as a PO box. at a certain point all these ICOs will have to have staff here and that will bring all the money as well.
I also do not think that you can take tezos as an example. there is a lot of things going and there is a lot of poohaha over this just because its 1 billion but in the grand scheme of things this is peanuts and there seems to be some movement again in the whole Tezzies debacle

I agree with your opinion on the fact that this age of ICO in Zug and by large Switzerland is not over by a long shot.

we are even organizing a small conference on crypto in Zug soon as well. I have faith that this will grow healthily.

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Hi @felander appreciate your feedback and thorough comment. Agree with all you points.

  • a growing industry that will bring profits/jobs
  • finma wants 100% to support
  • switz is the place to be, generally but especially crypto speaking

One note on my side though. Im passionate of early-stage financing, ICOs are finally democratizing this field, im currently trying to find ways&time to specialize and hopefully one day become a player in this market. More experience and reading will hopefully shed some light and bring opportunities. Speak to you soon

right there with you, I am not to big in ICO but still have some. and I guess everyone wants to be a player on the market but for that you either have to have a big wallet or a lot of luck