China's Central Bank Bans ICOs

Re:China's Central Bank Bans ICOs by airza on Monday September 04, 2017 @08:12AM (#15167646)

Remember when you could do kickstarters with simulated renders of your product and everyone got scammed constantly?

It's because of that

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Re:China's Central Bank Bans ICOs by rothbardrand on Monday September 04, 2017 @09:29AM (#15168082)

Never happened. Some kick starters didn't deliver, but you're factually wrong-- these laws have existed for decades before Kickstarter started-- and you ignore my point. You can lose your life savings in a weekend in Las Vegas and nobody bats an eye.

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Re:China's Central Bank Bans ICOs by Nursie on Monday September 04, 2017 @10:02AM (#15168261)

It certainly did happen, there was a spate of kickstarter projects that turned out to be vapourware. The rules were changed after a while.

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Re:China's Central Bank Bans ICOs by aleh on Tuesday September 05, 2017 @04:20PM (#15178781)

There are regulations for casinos as well.

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