Re:AI Hedge Fund Goes Live on Ethereum
by stale2002 on Wednesday June 21, 2017 @06:44PM
(#14608624)
But there was an initial sale of the coins right?
All these cryto ico things are premined or centrally allocated in a way where they get a cut. If you have access to the printing press, then you make all the money, no matter what happens with the currency.
Sure, maybe they gave away some of the coins to datascientists, but I am sure they kept a healthly cut for themselves.
All these cryto ico things are premined or centrally allocated in a way where they get a cut. If you have access to the printing press, then you make all the money, no matter what happens with the currency.
Sure, maybe they gave away some of the coins to datascientists, but I am sure they kept a healthly cut for themselves.