This pushes ICOs firmly into the black market as far as the US goes, meaning outside the constraints and oversight of the law.
Where they will thrive.
This is not surprising. Government feeds on monopoly over the money supply. It depends on its exclusive right to forgery for sustenance, because forgery of the money supply is how it buys votes, and manipulation of the economy through forgery is how it rewards its high priests with inside information in exchange for their complicity. The ability of congressmen to out-earn the private sector when it comes to investment returns is not due to their intellectual brilliance.
Any threat to this exclusive monopoly will be punished with overwhelming force because for the government, this is an existential threat.
Of course, they will say that their actions are to protect the people. They just won't add that the people they are trying to protect are themselves.
Lol exactly!
Well said! You see the map :)
