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RE: Breaking -- SEC Crackdown on ICO's -- Tokens now subject to Federal Securities Law. -- this is the reason for the drop

in #bitcoin7 years ago

Personally, I severely dislike ICO's for reasons I've outlined here: https://steemit.com/cryptocurrency/@ecurrencyhodler/lessons-from-the-dot-com-bubble

So if this means less ICO's, then I think it's a good thing.

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I can't disagree in terms of "issues of credibility" for some...only some. However, anytime the SEC comes into cryptos...I wince a little.

Yea I'd rather not have the SEC involved in crypto. But compromise might be needed to make it mainstream.

Agree....the other side of the coin is nothing happened and the "Wild West" destroyed confidence ....time will tell.