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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 wmf on Wednesday August 09, 2017 @02:40PM (#14972300)
ICOs are probably best understood like companies, not currencies. As you observed, an ICO doesn't create any value since it's just moving ETH around. If the token value increases relative to ETH then you could say value has been created.
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Re:Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows by honestlyreally on Wednesday August 09, 2017 @03:47PM (#14972884)
How many companies do you know that issue new shares every hour?
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Re:Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows by wmf on Wednesday August 09, 2017 @05:18PM (#14973722)
None, and neither do most ICOs. But that doesn't somehow make a token not a share.
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Re:Despite S.E.C. Warning, Wave of Initial Coin Offerings Grows by honestlyreally on Wednesday August 09, 2017 @10:07PM (#14975719)
Tezos, staus and filecoin all have inflating supplies, they are the biggest icos in history. Bancor is essentially uncapped in how many tokens can exist.

Between them they've raised $500m.

I'll have disagree with you on this

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