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A comment on Ethereum Now Handles More Transactions Than All Digital Currencies Combined. Parent comment

Re:Ethereum Now Handles More Transactions Than All Digital C... by baby on Thursday November 23, 2017 @01:28PM (#15766918)
Legit ICOs work the same way. They have a solid product to support.
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Re:Ethereum Now Handles More Transactions Than All Digital C... by svennek on Thursday November 23, 2017 @01:45PM (#15767043)
I fail to see the value of "legit ico" vs. stocks..

The only real difference is the lack of oversight and "common rules" - both of which I value when I invest my own money...

Stock (or bonds for that matter) have a long and stable legal history and are mostly standardized and well understood. (Not that investing in them is easy, I primarily buy ETFs).

ICOs are more wild-west anything goes, which just opens up so many cans of worms IMHO.. And if/when it gets too big or to wild-west all financial bodies declares the securities and they are then under the exact same rules...

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Re:Ethereum Now Handles More Transactions Than All Digital C... by alexasmyths on Thursday November 23, 2017 @08:34PM (#15768940)
"Legit ICOs work the same way. "

No - they don't.

'Shares' give you ownership of the companies assets.

ICO 'Coins' give you ownership of a made up number - nothing more.

[ Parent | on HN ]