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A comment on Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows. Parent comment

Re:Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows by lambdadmitry on Wednesday August 09, 2017 @09:26AM (#14968495)
But it also makes sense "from the first principles": BTC is wildly deflationary right now, so there is a very strong incentive to hold BTC instead of paying with it. It's a flip side of "sheltering from the inflation" point that is quite popular among BTC enthusiasts. You can't have one without the other.
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