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RE: Chinese Decision Makes me a little happy... why?

in #china7 years ago (edited)

Oh, yes, I totally agree about us losing what could be done in the US. My politics is, I would prefer none of it banned and let people fend for themselves to make their own mistakes.

Seems to be what happens with the US cryptos that launch, if they want to do an ICO, they launch elsewhere to get around the restrictions. I am not sure how block.one is operating, whether they are outside the US or inside the US. The EOS issuance itself may very well fall under crowdfunding, at least that seems to be how it was all worded and established in their docs. Recently, I was reading a news article about how equity crowdfunding was made legal in the US.

What I meant about doing well is, the ban doesn't prevent cryptos from soaring... we figure ways around the regs to get the projects launched anyway. A bit inconvenient for some to have to move outside the US to launch a project, but some people are willing.

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