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RE: Emerging Trends: How ICOs are Replacing IPOs and the Shift Away from the United States Financial Markets
This is a wonderful post. I enjoyed reading about the history of crowdfunding in general. I do agree that the United States needs to embrace blockchain technology at some point in order to regain its edge in entrepreneurial finance.
@rocjkjon thanks for taking the time to read and comment. I appreciate it.
I agree with you on that point. When one considers banking is beginning to embrace blockchain tech much more openly and the token economy is in it's infancy, creating walled garden, decentralized economies ripe to scale, it's foolish this has not even been addressed in the United States. After being in accounting and taxation for over 20 years one thing I can say will affect the investment choices of professional investors and entrepreneurs - Uncertainty.
Moreover, it doesn't mean they will not invest in something with regulatory uncertainty, they will just go to a place which removes that uncertainty and invest in it there.