but how to cut it down @focygray? by introducing more regulations? that would kill this market.
it's a little bit like saying: we should cut down possibility of opening new business, because 80% companies go down within less than 2 years.
restrictions are not solution. education is :)
Yours
Piotr
This would be cut down if there is are high standards set to attain before anyone can launch an ICO. Not only by having a good roadmap, whitepaper, team social media. But there should be some other standards than this. There should also be a decentralized regulating body of which I think is taking us back to centralized system of things.
@focygray
during dotcom bubble noone was trying to introduce regulations who would "protect investors". If those regulations would be introduced then entire industry would be slowed down by many years. And right now instead of talking about crypto we would maybe reach the point of introducing mobile devices (just 5-10 years later).
I still believe that education and awareness should be priority. Not regulations introduced by unqualified politicians and regulators and bankers.
Yep, that would end up with enourmous corruption.
Thx for your comment buddy :)
Yours, Piotr