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RE: ICO: Crowdfunding Tool Or Modern Scam?

in #ico7 years ago

As to all your questions at the end of the article, they are important to answer but it's also important to frame them in a neutral way to promote constructive and unbiased discussion from both sides.

"Do you think government's can do more to harm to Blockchain growth then good trying to regulate and control cryptocurrency and ICO's while secretly working on national crypto projects?"
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"Do you think government's involvement in crypto benefits or harms blockchain growth...?

In any case it's a very tricky issue. I'd like to think that governments interference in the crypto sphere is unnecessary and that people will eventually learn from investing in rubbish ICO's. Not sure if that's just the idealist in me or if people can eventually learn from their mistakes investing in crappy ICO's.

That being said it's definitely questionable that an institution like the government interferes with crypto because let's face it, if crypto succeeds with even half of what it has been claimed it has the potential to achieve, government's power and ability to control people will SIGNIFICANTLY diminish. So from that perspective I'd say better to leave government out of it, not for the benefit of investors losing their money but for the benefit of cryptocurrency evolving as a whole.

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Ty for taking time to respond ;D