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RE: Emerging Trends: How ICOs are Replacing IPOs and the Shift Away from the United States Financial Markets

in #cryptocurrency7 years ago

@cryptodan thanks for checking out the article and commenting. I appreciate it.

My hope is the US begins to view ICOs not in the light of new securities which need huge amounts of regulation and have large costs associated with registration. Rather I'd like them to take the stance that ICOs are just another form of crowdfunding tool which startups can use to raise capital in a very inexpensive way. However the current ruling on the DAO is not stoking my optimism.

Already anyone with a US based IP address is locked out of virtually every ICO for this very reason. If things do not change, the center of power for tech and finance will shift away from the US.