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RE: The Beginning of the War against the Crypto Currencies

in #crypto7 years ago

Maybe you did not understand my answer or the market.

There is little doubt that central banks do hate the idea of crypto currencys, but the ico ban is not mainly a fight against crypto currencys, yes, there was a great crash after the announcement, but not because crypto currencys in any way where attacked or banned - but more because of emotional decisions of people who do not understand the market and traiders who took advantage of these people.

ICOs are highly overvalued and a quite dangerous investment.

Tell me one reason to read a book of someone who seemingly does not understand the difference of existing currencys and a way of money collection called initial coin offering?

You might be right that a kind of War against crypto will come from Central Banks, BUT the ICO ban is most likely NOT a part of this.